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. Under a binding equity constraint, our model predicts shocks to bank equity, regulatory standards and monetary policy, such …
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Proposed regulations issued by the IRS in 1998 defined a "global dealing operation" as the execution of customer transactions by a dealer in securities, derivatives, or foreign currency whenever any related activities (such as marketing, sales, pricing, brokerage, or risk management) were...
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international subsidiary locations and risk of U.S. bank holding companies (BHCs). We find that U.S. BHCs are more likely to operate …
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