Purpose – The purpose of this paper is to consider the impact on bank risk of portfolio diversification between traditional margin income and fee-based income for banks operating in Australia. Design/methodology/approach – Considering several performance variables, this analysis compares the...

Purpose – The purpose of this paper is to consider the impact on bank risk of portfolio diversification between traditional margin income and fee‐based income for banks operating in Australia. Design/methodology/approach – Considering several performance variables, this analysis compares...