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- W3123386544 abstract "Abstract This study uses portfolio theory to investigate empirically the potential for diversification gains from expanded bank securities powers. Diversification potential is examined using microeconomic data on returns to existing bank securities and non-securities activities over 1976 through 1985. Both the mean and standard deviation of returns to securities activities are found to be greater than those of non-securities activities. Some potential for diversification gains is found, although this appears to be quite limited. Experiments designed to estimate the effect of using industry and time aggregated data are performed." @default.
- W3123386544 created "2021-02-01" @default.
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- W3123386544 date "1987-01-01" @default.
- W3123386544 modified "2023-09-27" @default.
- W3123386544 title "The impact of underwriting and dealing on bank returns and risks" @default.
- W3123386544 hasPublicationYear "1987" @default.
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