ASHCRAFT, ADAM B. - In: Journal of Money, Credit and Banking 40 (2008) 2-3, pp. 273-294
I document evidence that a bank affiliated with a multi-bank holding company (MBHC) is significantly safer than either a stand-alone bank or a bank affiliated with a one-bank holding company. Not only does MBHC affiliation reduce the probability of future financial distress, but distressed...