strategies in the new branches. The organization of the customer lending business in particular was burdened by arbitrary and … instrumentalization of the customer lending business, whereby an increasing willingness to take risks in lending was used as a tool in … competition with a growing number of rival banks. …

lending. Taking advantage of the internal reporting system of a large federal credit union, we delineate three important … biases likely to affect the lending process: (1) limited attention (or distraction), (2) task-specific human capital, and (3 …) common identity. Specifically, we find that using soft information in lending decisions leads to worse loan quality when loan …

Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …, such as merger and acquisitions or diversification. Moreover, I find that greater competition reduces banks' nonperforming …

Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …, such as merger and acquisitions or diversification. Moreover, I find that greater competition reduces banks' nonperforming …

derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …

their privately observed soft information is positive or negative. Competition affects the investment in learning the … information was important in the lending decision were no more likely to default compared to firms where only financial …

loans. Thus, marketplace lending has the potential to finance a growing share of the consumer credit market in the absence …We analyze the performance of marketplace lending using loan cash flow data from the largest platform, Lending Club. We …