We model the failed bank resolution process as a repeated game between a utility-maximizing government resolution authority (RA) and a profit-maximizing banking industry. Limits to resolution technology and political/economic pressure create incentives for the RA to bail out failed complex...

There is general agreement among bank researchers that revenues from fee-based activities are more volatile than revenues from more traditional interest-based (loans and deposits) activities. We test whether noninterest income was a determining factor in the hundreds of U.S. commercial bank...

We test whether income from nontraditional banking activities contributed to the failures of hundreds of U.S. commercial banks during the financial crisis. Estimates from a multi-period logit model indicate that the probability of distressed bank failure declined with pure fee-based...