Working Paper
How do joint supervisors examine financial institutions? the case of state banks
Rezende, Marcelo (2011)
This paper studies what determines whether federal and state supervisors examine state banks independently or together. The results suggest that supervisors coordinate examinations in order to support states with lower budgets and capabilities and more banks to supervise. I find that states with larger budgets examine more banks independently, that they accommodate changes in the number of banks mostly through the number of examinations with a federal supervisor and that, when examining banks together, state banking departments that have earned quality accreditation are more likely to write ...
Finance and Economics Discussion Series , Paper 2011-43