Equity Returns in the Banking Sector in the Wake of the Great Recession and the European Sovereign Debt Crisis /

This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment. Whil...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Chan-Lau, Jorge
Weitere Verfasser: Liu, Estelle, Schmittmann, Jochen M.
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/174
Online Zugang:Full text available on IMF
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100 1 |a Chan-Lau, Jorge. 
245 1 0 |a Equity Returns in the Banking Sector in the Wake of the Great Recession and the European Sovereign Debt Crisis /  |c Jorge Chan-Lau, Estelle Liu, Jochen M. Schmittmann. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2012. 
300 |a 1 online resource (22 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports policymakers' efforts to strengthen bank capitalization. 
538 |a Mode of access: Internet 
700 1 |a Liu, Estelle. 
700 1 |a Schmittmann, Jochen M. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2012/174 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2012/174/001.2012.issue-174-en.xml  |z IMF e-Library