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Published in 2021 at "Journal of Monetary Economics"
DOI: 10.1016/j.jmoneco.2020.02.004
Abstract: Abstract Recent regulatory proposals tie a financial institution’s systemic importance to its complexity. However, little is known about how complexity affects banks’ risk management. Using the 1996–1999 deregulations of U.S. banks’ nonbanking activities as a…
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Keywords:
risk;
risk management;
complexity;
operational risk ... See more keywords