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Cover image for book Risk and Bank Expansion into Nonbanking Businesses (RLE: Banking & Finance)

Risk and Bank Expansion into Nonbanking Businesses (RLE: Banking & Finance)

By:Eek-June Chung
Publisher:Taylor & Francis
Print ISBN:9780415528115
eText ISBN:9781136301674
Edition:1
Copyright:1995
Format:Reflowable

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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.

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