regarding the fundamental motivations for banks to offer services via the Internet and for their customers to utilize the … services. It considers the experience of and future prospects for so-called "pure-play" Internet banks that conduct virtually … the Web has mainly been felt on the revenue or expense side of banks’ income statements. Furthermore, it examines recent …

Federal Reserve to pay interest on reserves held at Federal Reserve banks beginning in October 2011. This upcoming policy … overdrafts of their reserve accounts at Federal Reserve banks. In addition, the authorization to pay interest on reserves …

institutions that drives a bank-specific risk priced by bank shareholders. We find the most profitable banks are also the least … regulated. Yet we find that the least profitable regulated banks in our sample were the most exposed to hazards related to the …-generating risks taken by profitable private institutions, and transparent taxpayer-subsidized risks taken by large banks that are …

activities of U.S. commercial banks for the period starting 1992 through 2008. We employ Mansfield’s (1961) logistic diffusion … tax hypothesis is not a major factor in determining derivative activities by U.S. commercial banks. The results also … likely available to large banks. The substitution effect is dominant between derivatives and loan ratio factor. Diminishing …

The Federal tax code creates challenges for comparing the profit rates of different banks on a consistent basis. The … earnings of banks that elect to operate under Subchapter S of the Federal tax code are not subject to the Federal corporate … income tax, but S-bank shareholders are taxed on their pro rata share of the entire earnings of the bank. The number of banks …