search query: @indexterm COMMERCIAL BANKS / total: 253
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Author: | Millon Cornett, M. Ors, E. Tehranian, H. |
Title: | Bank performance around the introduction of a Section 20 subsidiary |
Journal: | Journal of Finance
2002 : FEB, VOL. 57:1, p. 501-521 |
Index terms: | COMMERCIAL BANKS PERFORMANCE APPRAISAL SUBSIDIARY COMPANIES USA |
Language: | eng |
Abstract: | As of 1987, commercial banks in the United States were allowed to establish Section 20 subsidiaries to conduct investment-banking activities. A concern of regulators was that these activities would result in a decrease in performance of commercial banks relative to the risk being undertaken. This paper examines the performance of commercial banks around the establishment of a Section 20 subsidiary. |
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