and economic activity have declined in recent years. These results have implications for investors, bank regulators, and …

to monetary policy differs across small banks that are affiliated with the same bank holding company but operate in … affects the response of bank lending. We find evidence that the negative response of bank loan growth to a monetary …

The effect of credit market competition on borrower default is theoretically ambiguous, because the quantity of credit … supplied may rise or fall following an increase in competition. We investigate empirically the relationship between credit … market competition, lending to households, and personal bankruptcy rates in the United States. We exploit the exogenous …

This paper examines the common factors that drive the returns of U.S. bank holding companies from 1997 to 2005. We … that the market factor clearly dominates in explaining bank returns, followed by the Fama-French factors. The bank … tend to load in the same direction on the first component. Relative to the returns of large firms in other sectors, bank …

had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …

financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing … lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction in net …-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net deposit costs …

particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …

correlated with net interest income. At the bank level, growth rates of net interest income and noninterest income have also …