bank managers and regulators in China as well as in other emerging economies …This paper investigates the effects of focus versus diversification on bank performance using data on Chinese banks …

This paper assesses how shocks to bank capital may influence a bank's portfolio behaviour using novel evidence from a … UK bank panel data set from a period that pre-dates the recent financial crisis. Focusing on the behaviour of bank loans …, we extract the dynamic response of a bank to innovations in its capital and in its regulatory capital buffer. We find …

The largest commercial bank stocks, ranked by total size of the balance sheet, have significantly lower risk …-adjusted returns than small- and medium-sized bank stocks, even though large banks are significantly more levered. We uncover a size … factor in the component of bank returns that is orthogonal to the standard risk factors, including small-minus-big, which has …