This paper assesses potential diversification benefits in the US banking industry from the
steady shift toward activities that generate fee income, trading revenue, and other types of …

Motivated by the liberalisation and harmonisation of financial systems in Europe, we
investigate whether the observed shift into non-interest income activities improves …

This paper tests whether diversification of the credit portfolio at the bank level leads to better
performance and lower risk. We employ a new high frequency (monthly) panel data for the …

This paper examines the link between diversification and risk-adjusted performance for
small community banks. The results show diversification benefits within broad activity …

National measures of competition and macroeconomic activity have traditionally been used
to examine performance and risk features across banks. Such measures may be …

We examine whether bank earnings volatility depends on bank size and the degree of
concentration in the banking sector. Using quarterly data for non-investment banks in the …

Prior empirical research on the relation between credit risk and the business cycle has failed
to properly investigate the presence of asymmetric effects. To fill this gap, we examine this …

The financial crisis and recession that began in 2007 brought a sharp increase in the
number of bank failures in the United States. This article investigates characteristics of banks …

This paper provides a selected review of a large number of empirical studies on the
relationship between business cycle and bank stability, both from a micro and an aggregate …

Even after controlling for local economic conditions, differences in supervision and
regulation help explain the large variation in state bank suspension rates across US …