USF St. Petersburg campus Faculty Publications
Derivatives activity by U.S. banks: Impact on risk and profitability.
Document Type
Article
Publication Date
2009
ISSN
0972-5784
Abstract
The primary objective of this study is to analyze and assess the impact of derivatives activity by U.S. Banks on their corresponding profitability and risk. Using quarterly data for the period of 1999 to 2006, our analysis focused on the twenty-five largest commercial U.S. banks. Our results indicate a positive contribution to trading revenue; however, this increase does not lead to an increase in profitability. Further, as derivative use increased, the risk of the banks in our sample increased.
Language
en_US
Publisher
Serials Publications Pvt. Ltd.
Recommended Citation
Sundaram, S. & Willey, T. (2009). Derivatives activity by U.S. banks: Impact on risk and profitability. Indian Journal of Economics and Business, 8, 229-243.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
Citation only. Full-text article is available through licensed access provided by the publisher. Members of the USF System may access the full-text of the article through the authenticated link provided.