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 …

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 …

Many large U.S. bank holding companies (BHCs) continued to pay dividends during the recent financial crisis, even as …

cumulative abnormal returns (|CAR|) of stress-tested bank holding companies averages almost 3 percent. Cumulative abnormal …

of bank regulatory capital. Our results show that following Basel I, undrawn fees and all-in-drawn credit spreads on …