This paper documents large cross-country variation in the relationship between bank competition and bank stability and explores market, regulatory and institutional features that can explain this variation. We show that an increase in competition will have a larger impact on banks' fragility in...

This paper documents large cross-country variation in the relationship between bank competition and bank stability and explores market, regulatory and institutional features that can explain this variation. We show that an increase in competition will have a larger impact on banks' fragility in...

We analyze how the deregulation of Fintech investing affects banks’ deposit funding costs in the US. Using the exogenous removal of marketplace investing restrictions by US states, we show the cost of bank deposits increases by approximately 2.26%. The effects are attributable to deregulation...