Over the last fifty years, increasingly sophisticated risk measurement and management techniques have revolutionized the field of finance. More recently, the globalization of financial markets and policy changes in the regulation of financial institutions have impacted upon how commercial banks...

We systematically examine how bank characteristics are related to a bank's financial contagion exposure. Examining capital requirements, we find evidence that while tier 1 capital requirements are negatively related to a bank's contagion exposure, the sum of tier 1 and tier 2 capital ratios are...

This study examines the influence of US banks' revenue diversification on profitability, equity capital, and credit risk by size. By a simple decomposition of Return On Capital (ROC) I show how popular revenue diversification measures affect both the ROC and risk-adjusted ROC. I find substantial...

This study examines the infuence of US banks' revenue diversification on profitability, equity capital, and credit risk by size. By a simple decomposition of Return On Capital (ROC) I show how popular revenue diversification measures affect both the ROC and risk-adjusted ROC. I find substantial...

This study examines the influence of US banks' revenue diversification on their profitability, equity capital, and credit risk, by size. By a simple decomposition of Return On Capital (ROC) I show how popular revenue diversification measures affect both the ROC and risk-adjusted ROC. Based on...