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Measurement of contagion in banks’ equity prices

✍ Scribed by Reint Gropp; Gerard Moerman

Book ID
116658611
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
866 KB
Volume
23
Category
Article
ISSN
0261-5606

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✍ Angelos Kanas 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 124 KB

## Abstract We examine whether the failure of the multinational banking group BCCI caused contagion effects in the banking sectors of four countries where BCCI had established operations, namely the UK, the US, Spain and Switzerland. We find evidence of contagion effects in the UK and Spain which a