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. The analysis shows no systematic relationship between branch network size and overall institutional profitability. The …
Persistent link: https://www.econbiz.de/10010283383
We find evidence that the Federal Reserve stress tests (CCAR and DFAST) produce information about the stress-tested firms as well as other, non-stress-tested banking companies. Although standard event studies do not always show abnormal returns for the stress-tested sample on average, we argue...
Persistent link: https://www.econbiz.de/10011460649
a new administrative data set, we find that the price of intermediation, measured as a fraction of the loan amount at … origination, is large - 142 basis points on average over the 2008-14 period. At daily frequencies, intermediaries pass on price … changes in the secondary market to borrowers in the primary market almost completely. At monthly frequencies, the price of …
Persistent link: https://www.econbiz.de/10011796448
performers, and new entrants - made substantial contributions to changes in profitability and capitalization of the U.S. banking …
Persistent link: https://www.econbiz.de/10010283369
This study analyzes differences by gender in the ownership of privately held U.S. firms and examines the role of gender in the availability of credit. Using data from the nationally representative Surveys of Small Business Finances, which span a period of sixteen years, we document a series of...
Persistent link: https://www.econbiz.de/10010287094
Many large U.S. bank holding companies (BHCs) continued to pay dividends during the recent financial crisis, even as financial market conditions deteriorated, large losses accumulated, and emergency capital and liquidity were being provided by the official sector. In contrast, share repurchases...
Persistent link: https://www.econbiz.de/10011340957
This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to estimate bank biases at the credit level by comparing bank-generated risk estimates within loan syndicates. The biases are positively correlated with measures of regulatory capital,...
Persistent link: https://www.econbiz.de/10011340972
The Federal Reserve is responsible for the prudential supervision of bank holding companies (BHCs) on a consolidated basis. Prudential supervision involves monitoring and oversight to assess whether these firms are engaged in unsafe or unsound practices, as well as ensuring that firms are taking...
Persistent link: https://www.econbiz.de/10011340994
conditions as measured by local banks' profitability, asset quality, and failure rates. The regulatory sector seems to experience …
Persistent link: https://www.econbiz.de/10011341011
Pierret (2015) presents empirical analysis of the solvency-liquidity nexus for the banking system, documenting that a shock to the level of banks' solvency risk is followed by lower short-term debt. Conversely, higher short-term debt Granger-causes higher solvency risk. These results point...
Persistent link: https://www.econbiz.de/10011341020