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financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing …") had lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction …, mid-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net …
Persistent link: https://www.econbiz.de/10002917589
Better customer service provisions by banks - such as more branches and ATMs, longer business hours, and more personalized services - help attract more core deposits and increase funding stickiness by raising depositors' switching costs and enhancing their loyalty. Funding stickiness from...
Persistent link: https://www.econbiz.de/10011413245
We construct a new systemic risk measure that quantifies vulnerability to fire-sale spillovers using detailed regulatory balance sheet data for U.S. commercial banks and repo market data for broker-dealers. Even for moderate shocks in normal times, fire-sale externalities can be substantial. For...
Persistent link: https://www.econbiz.de/10010202672
We examine how investors' perception of bank balance sheet risk evolved before and during the March-April 2023 bank run …. To do so, we estimate the covariance ("beta") of bank excess stock returns with returns on factors constructed from long … bank risk shifted in both the time series and the cross-section. From January 2022 to February 2023, both factor betas were …
Persistent link: https://www.econbiz.de/10014519046
Bank capital requirements are based on a mix of market values and book values. We investigate the effects of a policy … banking organizations. Our analysis is based on security-level data on individual bank portfolios matched to bond …
Persistent link: https://www.econbiz.de/10011868435
not sufficiently restrain monopoly rents already. Thus, our results suggest that in Germany's bank-dominated financial …
Persistent link: https://www.econbiz.de/10002917590
In June 2022, the Federal Reserve started reducing the size of its balance sheet, which had expanded to just under $9 trillion in response to the COVID-19 pandemic. However, whereas banks' reserves at the Federal Reserve have decreased, the investment of money market funds (MMFs) at the Federal...
Persistent link: https://www.econbiz.de/10013465412
We summarize and evaluate Fannie Mae and Freddie Mac's credit risk transfer (CRT) programs, which have been used since 2013 to shift a portion of credit risk on more than $1.8 trillion of mortgages to private sector investors. We argue that the CRT programs have been successful in reducing the...
Persistent link: https://www.econbiz.de/10011806244
firm incentives in a post-reform financial system. -- Financial regulatory reform ; corporate governance ; bank charter … ; bank insolvency …
Persistent link: https://www.econbiz.de/10008657240
cumulative abnormal returns (|CAR|) of stress-tested bank holding companies averages almost 3 percent. Cumulative abnormal …
Persistent link: https://www.econbiz.de/10011342852