This paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and … narrative evidence, I show how Bank of America's branch network in 1930s California created an internal capital market to … competing banking offices. The bank's presence caused smaller city property value contractions and stronger recoveries through …

We show that a liquidity shock can affect the solvency of a bank and cause its default if the bank does not hold enough … individual bank. These shock scenarios are materialized by different net demands for withdrawal of funds (NDWF) - which are not … necessarily justified by the solvency situation of the bank before the initial shock - and may lead the bank to sell illiquid …

The recent crisis has underlined the importance of sound bank liquidity management. In response, regulators are … authors analyse the impact of liquid asset holdings on bank profitability for a sample of large U.S. and Canadian banks … that this relationship varies depending on a bank's business model and the state of the economy. These results are …

liquidation increases efficiency to financial intermediators ('banks'). By pledging assets in form of a repo contract the bank can … addition, the bank may raise even more cash by pledging assets instead of selling if she is an expert in managing the assets …. On the other hand, entering in a repo increases the future debt burden of the bank. We show, if the competitive repo …