international subsidiary locations and risk of U.S. bank holding companies (BHCs). We find that U.S. BHCs are more likely to operate …

This paper examines the effectiveness of cooperation among bank supervisors using anovel dataset on supranational … show that supervisory cooperation generally improves bank stability. The magnitude of the effect is higher for smaller and … to cooperation. This suggests that cooperation is not always desirable, despite being effective in reducing bank risk …