The long-term role of non-traditional banking in profitability and risk profiles: Evidence from a panel of U.S. banking institutions
Journal article
| Authors | Apergis, Nicholas |
|---|---|
| Abstract | The goal of this empirical study is to identify empirically and on a panel basis how non-traditional bank activities affect directly the profitability and risk profiles of the financial institutions involved in such activities. Through a dataset that covers 1725 U.S. financial institutions involved in non-traditional bank activities spanning the period 2000–2013 and the methodology of panel cointegration, the empirical findings document that non-traditional bank activities exert a positive effect on both the profitability and the insolvency risk. The results could be important for regulators given they could serve as a pre-warning signal that sends a clear message to regulators about the potential systemic risk that exists within the financial markets. |
| Keywords | Non-traditional bank activities; Profitability; Insolvency risk; U.S. banks; Panel data |
| Year | 2014 |
| Journal | Journal of International Money and Finance |
| Publisher | Elsevier |
| ISSN | 0261-5606 |
| Web address (URL) | http://hdl.handle.net/10545/623404 |
| http://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| hdl:10545/623404 | |
| Publication dates | 18 Mar 2014 |
| Publication process dates | |
| Deposited | 28 Jan 2019, 17:48 |
| Contributors | University of Piraeus |
| File | File Access Level Open |
| File | File Access Level Open |
https://repository.derby.ac.uk/item/93v14/the-long-term-role-of-non-traditional-banking-in-profitability-and-risk-profiles-evidence-from-a-panel-of-u-s-banking-institutions
Download files
82
total views0
total downloads14
views this month0
downloads this month