Boliari, Natalia; Topyan, Kudret - In: Risks : open access journal 11 (2023) 10, pp. 1-13
the risk spreads of stand-alone banks and bank holding companies in Spain by including all outstanding rated bonds offered … statistically and economically significant coefficient for the introduced dummy variable. We found that bank-holding company bonds …Holding companies legally separate the assets and owners of a company creating a layer of liability protection …