If banks have an informational monopoly about their clients, borrowers may curtail their effort
level for fear of being exploited via high interest rates in the future. Banks can correct this …

1 Introduction As a bank provides an array of services through time to a customer, it gains
substantial knowledge about its customer's financial needs. The bank can use this …

This paper reviews how long-term relationships between firms and banks shape the
structure and integration of banking markets worldwide. Bank relationships arise to span …

Markets would not exist without the exchange of information. Information exchange is the
initial and most basic phase of every economic transaction, without it, market participants …

We present a model of credit market competition to derive key hypotheses about how
information sharing between banks influences the spatial clustering of their branches. We …

Credit markets are expanding, and with them also the automated, large‐scale
commercialization of personal credit data. The increasing use of data and scores for …

Abstract Information asymmetries can severely limit the cross-border border expansion of
banks, if entering banks can only obtain incomplete information about potential new clients …

Abstract Information sharing is a crucial precondition for the development of a thriving credit
market and for the access to finance by firms. The focus of this paper is the regulation of the …

We study how information sharing between banks influences the geographical clustering of
branches. A spatial oligopoly model first explains why branches cluster and how information …

This paper reviews the theoretical and empirical literature on bank relationships. We begin
with the event study evidence on bank loan announcements and trace our way forward …