) focus and diversification using a unique data set that is able to identify individual bank loan exposures to different … expansion into newer or competitive industries. We find that industrial loan diversification reduces bank return while … result that emerges from our empirical findings is that diversification of bank assets is not guaranteed to produce superior …

conglomerates. We document that bank affiliation provides an informational advantage. We show that (informed) bank …

domestic and foreign bank creditors. Second, banks do not hedge their exchange rate risk. Third, there is a lending boom before …

banks. When bank default risk becomes significant, retail deposit insurance creates an asymmetry between banks that operate …

This paper studies the determinants of global liquidity using data on cross-border bank flows, with a longer time … liquidity is driven primarily by uncertainty (VIX), US monetary policy (term premia), and UK and Euro Area bank conditions … tools, and bank regulation. …