Demsetz, Rebecca S.; Strahan, Philip E. - Federal Reserve Bank <New York, NY>; London School of … - 1995
[...]This article investigates the relationshipbetween asset size and risk at bank holding companiesfrom 1987 to 1993 ….1 We find that for most of thisperiod, the level of risk at large bank holding companiesdid not differ significantly from … counterbalanced this diversification advantage,leaving large bank holding companies with no less riskthan small companies throughout …