Journal Article
Credit derivatives: an overview
Mengle, David L. (2007-10)
Arising from financial institutions' need to hedge and diversify credit risk, credit derivatives have now become a major investment tool. Almost all credit derivatives take the form of the credit default swap, which transfers default risk from one party to another. Most credit default swaps were once written on single names, but since 2004 the major impetus to growth and market liquidity has been credit default swaps on indexes. ; This paper examines the mechanics, risks, and market for credit default swaps, provides an overview of pricing and dealers' risk-management role, discusses the ...
Economic Review , Volume 92 , Issue Q4 , Pages 1 - 24

Conference Paper
How market value accounting would affect banks
Walter, John R.; Mengle, David L. (1991)
Proceedings , Paper 336

Journal Article
Interstate branch banking
Mengle, David L. (1990-01)
Cross Sections , Issue Win , Pages 1-2

Journal Article
Intraday credit: risk, value, and pricing
Summers, Bruce J.; Mengle, David L.; Humphrey, David B. (1987-01)
An abstract for this article is not available
Economic Review , Volume 73 , Issue Jan , Pages 3-14

Journal Article
A review of bank performance in the Fifth district, 1986
Walter, John R.; Mengle, David L. (1987-07)
Gains from sales of securities and lower loan loss previsions helped bring higher profits to large Fifth District commercial banks in 1986. At the same time, small- and medium-sized bank profits fell slightly in the District from the previous year. As in the past few years, Fifth District banks outperformed banks in the rest of the United States. For the benefit of those readers curious about the problems connected with measuring bank performance, the authors discuss the most common bank profitability measures and the consequences of relying on accounting rather than market data.
Economic Review , Volume 73 , Issue Jul , Pages 29-37

Journal Article
Behind the money market: clearing and settling money market instruments
Mengle, David L. (1992-09)
When a money market instrument is traded, the clearing and settlement process establishes the change in ownership. Because the process involves both costs and risks, money market participants have developed means of making clearing and settlement more efficient and less risky.
Economic Review , Volume 78 , Issue Sep , Pages 3-11

Journal Article
A review of bank performance in the Fifth District, 1985
Walter, John R.; Mengle, David L. (1986-07)
An abstract for this article is not available
Economic Review , Volume 72 , Issue Jul , Pages 25-33

Journal Article
The discount window
Mengle, David L. (1986-05)
An abstract for this article is not available
Economic Review , Volume 72 , Issue May , Pages 2-10

Journal Article
The case for interstate branch banking
Mengle, David L. (1990-11)
During the 1980s, many states relaxed laws restricting branching, and most states opened up their borders to entry by out-of-state bank holding companies. This article suggests that both banks and consumers would benefit if laws were further modified to permit bank holding companies to consolidate their interstate subsidiaries into branch networks. While such a change is likely to lead to a smaller number of large banks (although those remaining would operate nationwide), there would probably be little change in the number of small banks serving local markets.
Economic Review , Volume 76 , Issue Nov , Pages 3-17

Journal Article
A review of bank performance in the Fifth District, 1984
Walter, John R.; Mengle, David L. (1985-07)
1984 was another strong year for Fifth District banks. Average return on assets, though slightly lower than in 1983, was still higher than the national average. This article, by David L. Mengle and John R. Walter, analyzes the factors affecting the profitability of District banks in 1984 to explain this relatively strong performance. District banks were successful in reducing noninterest expense in 1984, and maintaining net interest margins higher than the national average. Increases in provisions for loan losses, however, reduced returns slightly below 1983 levels. District banks capital ...
Economic Review , Volume 71 , Issue Jul , Pages 12-22