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French Banks amid the Global Financial Crisis


Xiao, Yingbin (2011) French Banks amid the Global Financial Crisis. The International Journal of Banking and Finance, 8 (1). pp. 1-19. ISSN 1617-722

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Abstract

This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting their business and supervisory features. An event study of the impact of government measures on CDS, debt, and equity markets points to the reduction of credit risk and financing cost as well as the redistribution of resources. With the crisis still unfolding, uncertainties remain and challenges lie ahead, calling for continued vigilance and enhanced risk management.

Item Type: Article
Uncontrolled Keywords: French banks, financial crisis, recapitalization, debt guarantee, government support, refinancing
Subjects: H Social Sciences > HG Finance
Divisions: School of Economics, Finance & Banking
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 25 Oct 2018 02:16
Last Modified: 25 Oct 2018 02:16
URI: http://repo.uum.edu.my/id/eprint/25046

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