had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …

mechanisms for shadow banking that have been documented in the literature. I then illustrate the role of shadow bank policies …

Many large U.S. bank holding companies (BHCs) continued to pay dividends during the recent financial crisis, even as …

particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …

In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …

directly motivate potential producers of information by changing their incentives. Traditional approaches to bank governance …