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Economic Commentary

Bank Holding Company Voluntary Nonbanking Asset Divestitures

In the late 1970s and early 1980s an increasing number of nonfinancial corporations decided to alter their asset portfolios through voluntary divestiture- that is, by selling off or spinning off one or more of their operating subsidiaries.’ The motives and financial impacts of this activity have been examined in several recent studies.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Whalen, Gary. 1986. “Bank Holding Company Voluntary Nonbanking Asset Divestitures.” Federal Reserve Bank of Cleveland, Economic Commentary 1/15/1986.

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