enjoy a significant reduction in funding costs if affiliation with a bank extended the federal safety net for banks to cover …

had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …

financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing … lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction in net …-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net deposit costs …

particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …

correlated with net interest income. At the bank level, growth rates of net interest income and noninterest income have also …

Using data from bank holding company regulatory reports, we examine the relationshipbetween stock repurchases and … financial performance for a large sample of bank holding companies over the years 1987 to 1998. The primary result is that … be driven primarily by bank holding companies with publicly traded stock, especially those companies whose stock is …

In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …

markets in bank holding companies to isolate plausibly exogenous variation in the financial constraints faced by subsidiary … banks. In particular, I demonstrate that affiliated bank loan growth is less sensitive to changes in the federal funds rate …

This paper examines the relationship between the amount of information disclosed by bank holding companies (BHCs) and …

advisors to acquirers. In particular, the target earns higher abnormal returns when the target's own bank certifies the (more …. Second, acquirers predominantly use commercial bank advisors to obtain access to bank loans that may be used to finance the …. Moreover, the advising bank's recommendations may be distorted by considerations related to credit exposure incurred in both …