empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for …

While complexity in bank holding companies (BHCs) raises the costs of bank resolution when organizations fail, the … that reduce risk. Outcomes of these tradeoffs may be dependent on bank governance. Using measures of organizational … complexity significantly reduced this complexity, with BHC liquidity risk also increasing and systemic risk decreasing. Bank …

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …

the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …