Bank Diversification: A Comparative Study on US and Japanese Banking. Issue 1 (2nd January 2023)

• Record Type: Journal Article
• Authors: Küllü, A. Melih; Ajami, Riad A.
• Is Part Of: Journal of Asia-Pacific business. Volume 24:Issue 1(2023)
• Page Start: 4
• Page End: 18
• Publication Date: 2023-01-02
• Subjects: diversification -- banking -- financial institutions -- USA -- Japan; Industrial management -- Asia -- Periodicals; Industrial management -- Pacific Area -- Periodicals; Business -- Periodicals; Asia -- Commerce -- Periodicals; Pacific Area -- Commerce -- Periodicals; 330.95
• DOI: 10.1080/10599231.2023.2197392
• Languages: English
• ISSNs: 1059-9231

Abstract

ABSTRACT: Bank diversification/focus strategies have a significant impact on banks' riskiness and returns and consequently affect the overall health of the financial system and the economy. Focusing on the aggregate numbers of banking systems from two major economies and advanced financial systems from both sides of the Pacific, this study comparatively analyzes the diversification/focus status of US and Japanese banking systems at asset, liability, deposit, income, and expense categories. The results show major differences between these two leading banking systems, and their banks' diversification strategies.