Banks are essential for commerce and for companies in general, as they are responsible for financing operations, offering credit and investing in start-ups, thus moving our economy with the criterion of the invisible hand, "laissez faire, laissez passer" by Adam Smith.Banks have been marked by a...

This paper is a contribution to the ongoing debate on the benefits and drawbacks of bank revenue diversification. Revenue diversification may benefit banks if diversified activities are inherently less risky and possess high returns, while it may hurt banks if diversified activities are more...