-funded capital injections. However, on closer inspection the composition of bank capital shifted radically from one based on common … equity. The dwindling pool of common equity in the banking system may have been one reason for the continued reluctance by …

The Nigerian banking system was in crisis for much of the 1990's and early 2000's. The reforms of 2005 were ambitious … data through 2008 to investigate whether bank consolidation and other measures achieved their stated goals and whether they …

in banking. The effects of corporate and personal taxes, government regulation, the technology of producing deposit … services and the costs of bankruptcy and agency problems are all discussed in the context of the U.S. commercial banking system …, why commercial bank leverage has tended to increase over time and why large banks tend to have relatively less capital …

This paper studies the domestic and international effects of the transition to an interstate banking system implemented …. Interstate banking reduces the degree of local monopoly power of financial intermediaries. We show that the an economy that … labor supply in response to productivity shocks. Bank market integration thus contributes to a moderation of firm-level and …

This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United … States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank …

-rated tranches were economically trivial for the typical bank, but banks with greater holdings performed more poorly during the …-rated tranches are not higher for banks with large trading books in regressions that control for bank size. The ratio of highly …-rated tranches holdings to assets increases with bank assets, but not for banks with more than $50 billion of assets. This evidence …

how they are resolved. Our analysis sheds new light on the conflict between micro-prudential bank regulation and …

representatives on corporate boards. If a banking relationship is a substitute for the stock market, then interaction with a bank …Universal banking is an alternative mechanism to a stock market for risk-sharing, for providing information for guiding … monopolistic control over access to external capital markets, then bank interests may conflict with those of other equityholders …