The failure of large numbers of thrift and commercial banking firms during the 1980s and
early 1990s severely tested the existing deposit insurance and failure resolution systems in …

We analyze the post-merger operating performance of FDIC-assisted bank mergers
(regulatory mergers) during and after the 2008–09 financial crisis. Regulatory mergers …

Purpose The purpose of this study is twofold: First, to assess the economic impact of
Mergers and Acquisitions (M&As) on European acquiring firms from the beginning of the …

We find that winning bidders in FDIC failed bank auctions from 2008 to 2013 experience
substantial positive abnormal stock returns. Returns are inversely related to bid amounts …

Purpose The purpose of this paper is to investigate the wealth implications of bank mergers
and acquisitions (M&As) in the unique Greek setting given the triple crisis phenomenon …

The FDIC resolves insolvent banks with scoring auctions. Although the structure of the
scoring rule is known to bidders, they are uncertain about how the FDIC trades off different …

We studied repeated acquirers in Federal Deposit Insurance Corporation (FDIC) assisted
acquisitions. Using a sample of 128 FDIC assisted acquisitions and 387 non-assisted …

In this study, we show the potential substantial gains from identifying the attributes of firms
whose stock prices are likely to rise as a consequence of reorganization. Our study indicates …

We study the long-term effects of FDIC-organized acquisitions of failed banks on
shareholder wealth and default risk of acquirers in 2008–2013. Relative to acquisitions of …

This paper empirically investigates the incidence of regulatory forbearance during the
financial crisis. Using an option pricing technique in concert with valuation data gathered …