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The Effects of Diversification on Banks? Expected Returns

Dairo Ayiber
Estrada
Angela
González-Arbelaéz
Javier
Gutiérrez Rueda
Viernes, 1 Agosto 2008

In financial theory, the optimal allocation of assets and its relationship with profitability has been one of the main concerns; the question has always been if banks should focus or diversify their assets. In our case, we would like to answer this questi