We find that the average credit and liquidity risks of U.S. banks, the two principal determinants of bank distress, increased significantly over the last forty years or so. This trend stemmed from progressively aggressive business strategies adopted by new banking cohorts as well as old...

We find that the average credit and liquidity risks of U.S. banks, the two principal determinants of bank distress, increased significantly over the last forty years or so. This trend stemmed from progressively aggressive business strategies adopted by new banking cohorts as well as old...

Guided by the Extreme Value Theory (EVT), this study empirically investigates the impact of tail risk measures on financial distress of publicly traded bank holding companies (BHCs) in the United States. Our results show that tail risk measures namely, value-at-risk (VaR) and expected shortfall...

Employing a statistical model-building strategy, this study aims to empirically analyse the United States' bank failures across different size categories (small, medium, and large). Our results suggest that factors associated with bank failures vary across respective size categories, and the...