Risk, Regulation, and Bank Holding Company Expansion Into Nonbanking
نویسندگان
چکیده
منابع مشابه
Bank Holding Company Dividends and Repurchases during the Financial Crisis
Many large U.S. bank holding companies (BHCs) continued to pay dividends during the recent financial crisis, even as financial market conditions deteriorated, large losses accumulated, and emergency capital and liquidity were being provided by the official sector. In contrast, share repurchases by these BHCs dropped sharply in the early part of the crisis. Documenting this divergent behavior is...
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Such high shareholder payouts might be seen as a threat to banking institutions’ capital strength if profitability faltered. However, we find that the sharp rise in shareholder payouts during 1997 appears to have been driven primarily by increases in net stock repurchases rather than by a run-up in dividend payments. The composition of these payouts is important because banking companies can cu...
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This paper examines the relationship between the amount of information disclosed by bank holding companies (BHCs) and their subsequent risk profile and performance. Using data from the annual reports of BHCs with large trading operations, we construct an index of publicly disclosed information about the BHCs’ forward-looking estimates of market risk exposure in their trading and market-making a...
متن کاملEffects of Financial Holding Company Act on bank efficiency and productivity in Taiwan
Taiwan’s banking industry has experienced greatly structural changes since the implementing of Financial Holding Company Act in July 2001. The paper investigates whether Taiwan’s commercial banks establishing or joining in financial holding companies (FHCs) could promote their efficiency and productivity, as well as the determinants of efficiency and productivity changes of commercial banks. Th...
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by Gary Whalen Many states have chosen to legally restrict intrastate branching by banks to some degree. In a large proportion of such states, banks are able to circumvent the prohibition on statewide branching because they are permitted to adopt a multibank holding company (MBHC) form and to acquire affiliate banks throughout the state. However, because subsidiary banks in a MBHC continue to b...
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ژورنال
عنوان ژورنال: Quarterly Review
سال: 1986
ISSN: 0271-5287
DOI: 10.21034/qr.1021