Title

Changes In Market Assessments Of Bank Risk Following The Riegle-Neal Act Of 1994

Keywords

Bank risk; Interstate banking; Regulation; Riegle-Neal; Risk shift

Abstract

We examine changes in bank risk following the passage of the Riegle-Neal Act of 1994 and find a significant decline in bank risk. The extent of interstate banking activity and the status of state-level interstate banking laws are important in explaining the risk reduction. Banks with assets in multiple states experience a significant reduction in risk whereas banks with assets in one state experience no significant change in risk. Banks in states with the most restrictive interstate banking provisions experience a significant decrease in risk whereas banks in states with more liberal interstate banking provisions experience a significant increase in risk. © 2002 Elsevier Science B.V. All rights reserved.

Publication Date

1-1-2003

Publication Title

Journal of Banking and Finance

Volume

27

Issue

1

Number of Pages

87-102

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1016/S0378-4266(01)00208-4

Socpus ID

0037210930 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/0037210930

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