Document Type

Article

Publication Date

January 2014

Keywords

Bank Performance, Hollywood Banks, Silicon Valley Banks, Financial Crisis

Disciplines

Finance | Finance and Financial Management

Abstract

In this study we examine the performance of banks headquartered in Hollywood and banks headquartered in Silicon Valley in the period - first quarter 2008 until second quarter 2012, which includes the period of the Great Recession - December 2007 to June 2009. We find that during the financial crisis both Silicon Valley and Hollywood banks suffered but Silicon Valley banks much less than Hollywood banks. After the recession, banks in both regions improved performance again Silicon Valley banks recovering faster. We also find that the level of deposits, the leverage ratio and total loan chargeoffs consistently play a role in the performance of banks.

Comments

This article originally appeared in Global journal of Business Research in Volume 8, Issue 2 and can be found online at this link.

Share

COinS