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Banking and finance

  • Working Paper

    Why Are Big Banks Getting Bigger?

    The U.S. banking sector has become substantially more concentrated since the 1990s, raising questions about both the causes and implications of this consolidation.

  • Working Paper

    Why Does the FDIC Sue?

    Cases the Federal Deposit Insurance Corporation (FDIC) pursues against the directors and officers of failed commercial banks for (gross) negligence are important for the corporate governance of U.S. commercial banks.