circumstances, this paper has several goals. The first one consists of exploring which the geographic diversification patterns of … population is well below 100,000 inhabitants) is rather uninformative. Results indicate: (i) the location and diversification …' performance and geographic diversification; (iii) the evaluation of growth and financial development at municipal level indicates …

prevailing "modal bank" are better off compared with those pursuing generic diversification. Moreover, we find that early …Using a novel database containing the time-series details of the organizational structure of individual bank holding …