This study seeks to assess recent evidence on funding cost differentials among US Bank Holding Companies (BHCs), to better inform the debate about the future of financial reform in the US. Specifically, we measure differences in market spreads observed from 2009-2013 for senior unsecured bonds...

We contribute to the research on the measurement of “too big to fail” (TBTF) effects by examining differences in deposit funding costs between the largest US banks and the rest of the industry. We apply the approach pioneered by Stefan Jacewitz and Jonathan Pogach in their recent working...