.S. bank securities, hedging positions, and corporate credit. Banks that experienced larger losses on their securities during …

filings shows that only 6% of U.S. banking assets used derivatives to hedge their interest rate risk, and even heavy users of …, focusing on short-term gains but risking further losses if rates rose. Instead of hedging the market value risk of bank asset … implications for regulatory capital accounting and risk management practices in the banking sector …

of the banking system reveals that most swap exposures are offsetting. Therefore, as a description of prevailing practice …, we conclude that swap positions are not economically significant in hedging the interest rate risk of bank assets …

prices of banks with low branch density plummeted during the 2023 Banking Crisis as these banks experienced larger outflows … of uninsured deposits. Our results suggest that digital banking enabled banks to grow faster and attract uninsured …

pricing is mainly driven by pricing power derived from the large observed degree of concentration in the banking industry …

competing banking offices. The bank's presence caused smaller city property value contractions and stronger recoveries through …