This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United …

performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank … regulatory and supervisory policies to facilitate cross-country comparisons and analyses of changes in banking policies over time …

Although liquidity creation is a key banking function, little is known about its determinants. We use a new …

theoretical perspectives and empirical results on the impact of competition on risk. In this paper, we employ a new approach for … competition materially boosts individual and systemic bank risk. With respect to the mechanisms, we find that competition reduces … banks' profits, charter values, and relationship lending and increases banks' provision of nontraditional banking services …

(BHC) assets across U.S. metropolitan statistical areas (MSAs) on BHC risk. We find that the geographic expansion of bank … assets reduces risk. Moreover, geographic expansion reduces risk more when BHCs expand into economically dissimilar MSAs, i ….e., MSAs with different industrial structures and business cycles. We do not find that geographic diversification improves loan …