1st Edition
Risk and Bank Expansion into Nonbanking Businesses (RLE: Banking & Finance)
This book conducts a simulation study creating universal, hypothetical bank holding companies (BHCs) through mergers to examine whether BHC expansion into nonbank business areas, those currently prohibited by law, will increase the riskiness of the universal BHCs. Part 2 reviews the contemporaneous literature and Part 3 discusses the weaknesses of that literature. Later sections specify an analytical model and describe the date and estimating procedure as well as presenting empirical results.
1. Introduction. 2. A Review of Literature. 3. Weaknesses of Current Literature. 4. An Outline of Our Approach. 5. Model Specification. 6. Data and Estimation Procedure. 7. Empirical Results. 8. Conclusions.
Biography
Multivolume collection by leading authors in the field
