Professor Yener Altunbaş

Division: Financial Studies

Location: Room 0.04, Hen Goleg

Telephone: 01248 38 2191

Profile

Professor of Banking and Finance

Yener Altunbaş is a Professor of Banking and Finance at Bangor Business School. He holds a BSc (Economics) degree from the University of Hacettepe, Ankara and a PhD from the Unversity of Wales, Bangor. He worked first as an analyst with Ziraat and then as an economist in Etibank Banking Inc. in Turkey and as a Research Officer within the Institute of European Finance in the UK. Yener Altunbaş was employed as a Research Fellow with the Business School at South Bank University, London and as a Research Associate at the Centre of Business Research in Cambridge University. Recently, he has held a Visiting Researcher post at the European Central Bank and a guest lectureship at the University of Lecce and at the University of LUM, Jean Monnet in Bari, Italy. Professor Altunbaş is currently collaborating on research projects with other European colleagues at the Bank for International Settlements (BIS), the European Central Bank (ECB), Bank of Italy and Bank of Spain. Author of many articles on the structure and efficiency of banking markets, his main fields of research interest include: the study of European banks, efficiency, stock market analysis, corporate governance, electoral studies, regional economics and urban economics. Recent research has also been concerned with marine biology.

Roles within Bangor Business School

Senior Academic Tutor

Research Interests

European banks, efficiency, stock market analysis, corporate governance, electoral studies, regional economics and urban economics, and marine biology.

Select Recent Publications

Securitisation and the bank lending channel, European Economic Review, forthcoming, 2009. (with L. Gambacorta and D. Marqués)
Bank risk and monetary policy, Journal of Financial Stability, forthcoming, 2009. (with L. Gambacorta and D. Marqués)
Large Debt Financing: Syndicated Loans versus Corporate Bonds, European Journal of Finance, forthcoming, 2009. (with A. Kara and D. Marques)
Why do banks join loan syndications? The case of participant banks, The Service Industries Journal, forthcoming, Vol. 31(9), 2011. (with A. Kara)
The rationale behind Informal Finance: Evidence from Roscas in Bolivia, Journal of Developing Areas, forthcoming, 2009. (with A. Kara and S. Donoso)
Bank risk and monetary policy, European Central Bank Working Paper 1075 and Bank of Italy Working Paper 712, 2009. (with L. Gambacorta and D. Marqués)
Large debt financing: syndicated loans versus corporate bonds, European Central Bank Working Paper 1028, 2009. (with A. Kara and D. Marques)
Mergers and acquisitions and bank performance in Europe: the role of strategic similarities, Journal of Economics and Business 60, 3, 179-290, 2008. http://www.sciencedirect.com/science/journal/01486195. (with D. Marques)
Mean reversion of profitability: evidence from the European-listed firms, Managerial Finance, Vol. 34 (11), 799-815, 2008. (with A. Karagiannis, M.H. Liu and A. Tourani-Rad)
Securitisation and the bank lending channel, Federal Reserve Bank of Chicago, Papers and proceedings, 2007. (with L. Gambacorta and D. Marqués)

Books:

Turkish Banking: Banking under High Political Instability and Chronic High Inflation, Palgrave Macmillan, New York, 2009, 218 pp. (with A. Kara and O. Olgu)
Syndicated Loans: A Hybrid of Relationship Lending and Publicly Traded Debt, Palgrave Macmillan Studies in Banking and Financial Institutions Series: London, 2006, 255pp. (with B. Gadanecz and A. Kara)
Efficiency in European Banking, John Wiley & Sons: London, 1996, 340pp. (with P. Molyneux and E.P.M. Gardener)

Teaching

Undergraduate Teaching:

ASB-2110 Quantitative Methods II

Postgraduate Teaching:

ASB-4401/4501 Research Methods
Supervision of PhD students

Activities

Visiting appointments:

European Central Bank, Frankfurt (2004 and 2006).