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 …

Should banks be diversified or focused? Does diversification indeed lead to enhanced performance and, therefore … banks? profitability (ROA) and their portfolio diversification across different industries, broader economic sectors and … performance benefits associated with diversification since each type of diversification tends to reduce the banks? returns …

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 …

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

(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 …

Should banks be diversified or focused? Does diversification indeed lead to enhanced performance …

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 …

We empirically test whether banks' ownership network affects the relationship between product diversification and … diseconomies of diversification vanish the farther is the bank in the pyramid so that the farthest banks enjoy economies of … diversification (higher profits, lower costs and lower risk). Further exploration shows that such economies are attributable to the …

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 …