geographic complexity can engender explicit trade-offs between the agency problems that increase risk and the diversification … geographic scope tend to provide diversification gains and reduce idiosyncratic and liquidity risks while also increasing BHCs …

We classify a large sample of banks according to the geographic diversification of their international syndicated loan … source of funding, while foreign banks with little diversification are the most fickle. Our findings suggest that the decline …

The paper examines whether bank diversification in multiple dimensions can protect bank lending from uncertainty shocks … significantly alleviated by bank diversification in the loan portfolio, income, and funding aspects. Our findings offer practical … implications for regulators and banks themselves: bank diversification can effectively act as a lending shock absorber in periods …

interest margins when credit risk is controlled. -- Income diversification ; interest income ; fee income ; interest margin …

risk - the focus of this paper - is crucial. Our results show revenue diversification reduces insolvency risk in banks with … personal wealth. The link identified between ownership concentration and revenue diversification is a novel way of analyzing …

increase prevails through a second channel: an increase in risk shifting. (3) Risk shifting decreases with the diversification …

corporate diversification strategy as an identification tool for organizational structure, we find that diversified firms have … effect of diversification on the cost of a bank loan is channeled primarily through coinsurance in investment opportunities … and cash flows and that the effect is nonlinear: as the extent of corporate diversification grows, the cost …

(2013, 2016), we construct a time-varying bank-specific instrument for geographic diversification and investigate its causal … effect on corporate innovation via the lending channel. We find that bank geographic diversification spurs corporate …

This paper shows that US banks' increased geographic diversification is an important explanation for the decline of … liquidity. These results suggest that diversification increases liquidity risk-taking capacity in normal times, and that …