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-rated tranches. We find, however, that banks active in securitization held more highly-rated tranches. Such a result can be …
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-rated tranches. We find, however, that banks active in securitization held more highly-rated tranches. Such a result can be …
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From 1973 to 2014, the common stock of U.S. banks with loan growth in the top quartile of banks over a three-year period significantly underperforms the common stock of banks with loan growth in the bottom quartile over the next three years. The benchmark-adjusted cumulative difference in...
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