Using a novel database containing the time-series details of the organizational structure of individual bank holding … prevailing "modal bank" are better off compared with those pursuing generic diversification. Moreover, we find that early …

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 …

of bank complexity. Yet, surprisingly little is known about changes in complexity across countries, its drivers, and its …

decrease in the tax rate improves bank incentives to monitor borrowers by increasing returns from lending. We find that bank … bank monitoring based on banks' requests for information on their existing borrowers and we investigate the effect of bank … exogenous variation in bank monitoring. Our identification strategy is supported by a theoretical model predicting that a …

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …

performers, and new entrants - made substantial contributions to changes in profitability and capitalization of the U.S. banking …