Using exogenous deposit windfalls from oil and natural gas shale discoveries, we demonstrate that bank branch networks …

We develop a new identification strategy to evaluate the impact of the geographic expansion of bank holding company … (BHC) assets across U.S. metropolitan statistical areas (MSAs) on BHC risk. We find that the geographic expansion of bank …

monetary policy. The theory unifies an endogenous supply of illiquid local loans and risk-sharing among subsidiaries of bank …

We analyze bank supply of credit under the Paycheck Protection Program (PPP). The literature emphasizes relationships … supply reflects traditional measures of relationship lending: decreasing in bank size; increasing in prior experience, in … commitment lending, and in core deposits. Our results suggest a new benefit of bank relationships, as they help firms access …

A lending boom is reflected in the composition of bank liabilities when traditional retail deposits (core liabilities …

credit limits to show that a bank's MPL depends on a small number of "sufficient statistics" that capture forces such as … highlights the importance of frictions in bank-borrower interactions for understanding the pass-through of credit expansions …

affects their default risk, their systematic risk, and their stock prices. In a typical CDO transaction a bank retains through … the bank sells loans in a true sale transaction, it may use the proceeds to expand its loan business, thereby affecting …