id	sid	tid	token	lemma	pos
ajfa-5975	1	1	microsoft	microsoft	PROPN
ajfa-5975	1	2	word	word	NOUN
ajfa-5975	1	3	5975	5975	NUM
ajfa-5975	1	4	-	-	SYM
ajfa-5975	1	5	21466	21466	NUM
ajfa-5975	1	6	-	-	PUNCT
ajfa-5975	1	7	1	1	NUM
ajfa-5975	1	8	-	-	PUNCT
ajfa-5975	1	9	rv	rv	NOUN
ajfa-5975	1	10	-	-	PUNCT
ajfa-5975	1	11	writer2	writer2	VERB
ajfa-5975	1	12	-	-	ADJ
ajfa-5975	1	13	new	new	ADJ
ajfa-5975	1	14	asian	asian	ADJ
ajfa-5975	1	15	journal	journal	NOUN
ajfa-5975	1	16	of	of	ADP
ajfa-5975	1	17	finance	finance	PROPN
ajfa-5975	1	18	&	&	CCONJ
ajfa-5975	1	19	accounting	accounting	PROPN
ajfa-5975	1	20	issn	issn	PROPN
ajfa-5975	1	21	1946	1946	NUM
ajfa-5975	1	22	-	-	PUNCT
ajfa-5975	1	23	052x	052x	PROPN
ajfa-5975	1	24	2014	2014	NUM
ajfa-5975	1	25	,	,	PUNCT
ajfa-5975	1	26	vol	vol	NOUN
ajfa-5975	1	27	.	.	PROPN
ajfa-5975	1	28	6	6	NUM
ajfa-5975	1	29	,	,	PUNCT
ajfa-5975	1	30	no	no	INTJ
ajfa-5975	1	31	.	.	NOUN
ajfa-5975	1	32	2	2	NUM
ajfa-5975	1	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	1	34	195	195	NUM
ajfa-5975	1	35	changing	change	VERB
ajfa-5975	1	36	bank	bank	NOUN
ajfa-5975	1	37	income	income	NOUN
ajfa-5975	1	38	structure	structure	NOUN
ajfa-5975	1	39	:	:	PUNCT
ajfa-5975	1	40	evidence	evidence	NOUN
ajfa-5975	1	41	from	from	ADP
ajfa-5975	1	42	large	large	ADJ
ajfa-5975	1	43	uk	uk	PROPN
ajfa-5975	1	44	banks	bank	NOUN
ajfa-5975	1	45	?	?	PUNCT
ajfa-5975	2	1	kalsoom	kalsoom	PROPN
ajfa-5975	2	2	jaffar	jaffar	PROPN
ajfa-5975	2	3	(	(	PUNCT
ajfa-5975	2	4	corresponding	corresponding	ADJ
ajfa-5975	2	5	author	author	NOUN
ajfa-5975	2	6	)	)	PUNCT
ajfa-5975	2	7	department	department	NOUN
ajfa-5975	2	8	of	of	ADP
ajfa-5975	2	9	law	law	NOUN
ajfa-5975	2	10	,	,	PUNCT
ajfa-5975	2	11	economics	economic	NOUN
ajfa-5975	2	12	,	,	PUNCT
ajfa-5975	2	13	accounting	accounting	NOUN
ajfa-5975	2	14	and	and	CCONJ
ajfa-5975	2	15	risk	risk	NOUN
ajfa-5975	2	16	glasgow	glasgow	PROPN
ajfa-5975	2	17	caledonian	caledonian	PROPN
ajfa-5975	2	18	university	university	PROPN
ajfa-5975	2	19	,	,	PUNCT
ajfa-5975	2	20	united	united	PROPN
ajfa-5975	2	21	kingdom	kingdom	PROPN
ajfa-5975	2	22	lasbela	lasbela	PROPN
ajfa-5975	2	23	university	university	PROPN
ajfa-5975	2	24	of	of	ADP
ajfa-5975	2	25	agriculture	agriculture	PROPN
ajfa-5975	2	26	,	,	PUNCT
ajfa-5975	2	27	water	water	NOUN
ajfa-5975	2	28	and	and	CCONJ
ajfa-5975	2	29	marine	marine	ADJ
ajfa-5975	2	30	sciences	science	NOUN
ajfa-5975	2	31	,	,	PUNCT
ajfa-5975	2	32	uthal	uthal	ADJ
ajfa-5975	2	33	pakistan	pakistan	PROPN
ajfa-5975	2	34	e	e	NOUN
ajfa-5975	2	35	-	-	NOUN
ajfa-5975	2	36	mail	mail	NOUN
ajfa-5975	2	37	:	:	PUNCT
ajfa-5975	2	38	kalsoom.jaffar@gcu.ac.uk	kalsoom.jaffar@gcu.ac.uk	PROPN
ajfa-5975	2	39	kumbirai	kumbirai	PROPN
ajfa-5975	2	40	mabwe	mabwe	PROPN
ajfa-5975	2	41	department	department	PROPN
ajfa-5975	2	42	of	of	ADP
ajfa-5975	2	43	law	law	PROPN
ajfa-5975	2	44	,	,	PUNCT
ajfa-5975	2	45	economics	economic	NOUN
ajfa-5975	2	46	,	,	PUNCT
ajfa-5975	2	47	accounting	accounting	NOUN
ajfa-5975	2	48	and	and	CCONJ
ajfa-5975	2	49	risk	risk	NOUN
ajfa-5975	2	50	,	,	PUNCT
ajfa-5975	2	51	glasgow	glasgow	PROPN
ajfa-5975	2	52	caledonian	caledonian	PROPN
ajfa-5975	2	53	university	university	PROPN
ajfa-5975	2	54	,	,	PUNCT
ajfa-5975	2	55	united	united	PROPN
ajfa-5975	2	56	kingdom	kingdom	PROPN
ajfa-5975	2	57	e	e	NOUN
ajfa-5975	2	58	-	-	NOUN
ajfa-5975	2	59	mail	mail	NOUN
ajfa-5975	2	60	:	:	PUNCT
ajfa-5975	2	61	kumbirai.mabwe@gcu.ac.uk	kumbirai.mabwe@gcu.ac.uk	PROPN
ajfa-5975	2	62	dr	dr	PROPN
ajfa-5975	2	63	.	.	PROPN
ajfa-5975	2	64	robert	robert	PROPN
ajfa-5975	2	65	webb	webb	PROPN
ajfa-5975	2	66	associate	associate	PROPN
ajfa-5975	2	67	professor	professor	NOUN
ajfa-5975	2	68	in	in	ADP
ajfa-5975	2	69	banking	bank	VERB
ajfa-5975	2	70	nottingham	nottingham	PROPN
ajfa-5975	2	71	university	university	PROPN
ajfa-5975	2	72	business	business	NOUN
ajfa-5975	2	73	school	school	NOUN
ajfa-5975	2	74	,	,	PUNCT
ajfa-5975	2	75	united	united	ADJ
ajfa-5975	2	76	kingdom	kingdom	PROPN
ajfa-5975	2	77	e	e	PROPN
ajfa-5975	2	78	-	-	NOUN
ajfa-5975	2	79	mail	mail	NOUN
ajfa-5975	2	80	:	:	PUNCT
ajfa-5975	2	81	robert.webb@nottingham.ac.uk	robert.webb@nottingham.ac.uk	NUM
ajfa-5975	2	82	received	receive	VERB
ajfa-5975	2	83	:	:	PUNCT
ajfa-5975	2	84	july	july	PROPN
ajfa-5975	2	85	15	15	NUM
ajfa-5975	2	86	,	,	PUNCT
ajfa-5975	2	87	2014	2014	NUM
ajfa-5975	2	88	accepted	accept	VERB
ajfa-5975	2	89	:	:	PUNCT
ajfa-5975	2	90	oct	oct	PROPN
ajfa-5975	2	91	.	.	PROPN
ajfa-5975	2	92	3	3	NUM
ajfa-5975	2	93	,	,	PUNCT
ajfa-5975	2	94	2014	2014	NUM
ajfa-5975	2	95	published	publish	VERB
ajfa-5975	2	96	:	:	PUNCT
ajfa-5975	2	97	december	december	PROPN
ajfa-5975	2	98	1	1	NUM
ajfa-5975	2	99	,	,	PUNCT
ajfa-5975	2	100	2014	2014	NUM
ajfa-5975	2	101	doi:10.5296	doi:10.5296	NOUN
ajfa-5975	2	102	/	/	SYM
ajfa-5975	2	103	ajfa.v6i2.5975	ajfa.v6i2.5975	NOUN
ajfa-5975	2	104	url	url	NOUN
ajfa-5975	2	105	:	:	PUNCT
ajfa-5975	2	106	http://dx.doi.org/10.5296/ajfa.v6i2.5975	http://dx.doi.org/10.5296/ajfa.v6i2.5975	X
ajfa-5975	2	107	abstract	abstract	VERB
ajfa-5975	2	108	the	the	DET
ajfa-5975	2	109	uk	uk	PROPN
ajfa-5975	2	110	banking	banking	NOUN
ajfa-5975	2	111	industry	industry	NOUN
ajfa-5975	2	112	has	have	AUX
ajfa-5975	2	113	steadily	steadily	ADV
ajfa-5975	2	114	moved	move	VERB
ajfa-5975	2	115	from	from	ADP
ajfa-5975	2	116	the	the	DET
ajfa-5975	2	117	traditional	traditional	ADJ
ajfa-5975	2	118	role	role	NOUN
ajfa-5975	2	119	of	of	ADP
ajfa-5975	2	120	financial	financial	ADJ
ajfa-5975	2	121	intermediation	intermediation	NOUN
ajfa-5975	2	122	and	and	CCONJ
ajfa-5975	2	123	is	be	AUX
ajfa-5975	2	124	increasingly	increasingly	ADV
ajfa-5975	2	125	relying	rely	VERB
ajfa-5975	2	126	on	on	ADP
ajfa-5975	2	127	non	non	ADJ
ajfa-5975	2	128	-	-	ADJ
ajfa-5975	2	129	traditional	traditional	ADJ
ajfa-5975	2	130	business	business	NOUN
ajfa-5975	2	131	activities	activity	NOUN
ajfa-5975	2	132	that	that	PRON
ajfa-5975	2	133	generate	generate	VERB
ajfa-5975	2	134	fee	fee	NOUN
ajfa-5975	2	135	income	income	NOUN
ajfa-5975	2	136	,	,	PUNCT
ajfa-5975	2	137	dealings	dealing	NOUN
ajfa-5975	2	138	profit	profit	NOUN
ajfa-5975	2	139	and	and	CCONJ
ajfa-5975	2	140	other	other	ADJ
ajfa-5975	2	141	types	type	NOUN
ajfa-5975	2	142	of	of	ADP
ajfa-5975	2	143	noninterest	noninter	ADJ
ajfa-5975	2	144	income	income	NOUN
ajfa-5975	2	145	.	.	PUNCT
ajfa-5975	3	1	using	use	VERB
ajfa-5975	3	2	the	the	DET
ajfa-5975	3	3	dataset	dataset	NOUN
ajfa-5975	3	4	of	of	ADP
ajfa-5975	3	5	large	large	ADJ
ajfa-5975	3	6	british	british	ADJ
ajfa-5975	3	7	banks	bank	NOUN
ajfa-5975	3	8	for	for	ADP
ajfa-5975	3	9	the	the	DET
ajfa-5975	3	10	period	period	NOUN
ajfa-5975	3	11	1986	1986	NUM
ajfa-5975	3	12	-	-	SYM
ajfa-5975	3	13	2012	2012	NUM
ajfa-5975	3	14	,	,	PUNCT
ajfa-5975	3	15	this	this	DET
ajfa-5975	3	16	study	study	NOUN
ajfa-5975	3	17	investigates	investigate	VERB
ajfa-5975	3	18	the	the	DET
ajfa-5975	3	19	changes	change	NOUN
ajfa-5975	3	20	in	in	ADP
ajfa-5975	3	21	the	the	DET
ajfa-5975	3	22	bank	bank	NOUN
ajfa-5975	3	23	income	income	NOUN
ajfa-5975	3	24	structure	structure	NOUN
ajfa-5975	3	25	as	as	ADP
ajfa-5975	3	26	a	a	DET
ajfa-5975	3	27	result	result	NOUN
ajfa-5975	3	28	of	of	ADP
ajfa-5975	3	29	the	the	DET
ajfa-5975	3	30	1986	1986	NUM
ajfa-5975	3	31	deregulation	deregulation	NOUN
ajfa-5975	3	32	and	and	CCONJ
ajfa-5975	3	33	tease	tease	VERB
ajfa-5975	3	34	out	out	ADP
ajfa-5975	3	35	the	the	DET
ajfa-5975	3	36	effect	effect	NOUN
ajfa-5975	3	37	that	that	SCONJ
ajfa-5975	3	38	these	these	DET
ajfa-5975	3	39	changes	change	NOUN
ajfa-5975	3	40	have	have	AUX
ajfa-5975	3	41	had	have	VERB
ajfa-5975	3	42	in	in	ADP
ajfa-5975	3	43	relation	relation	NOUN
ajfa-5975	3	44	to	to	ADP
ajfa-5975	3	45	systemic	systemic	ADJ
ajfa-5975	3	46	risk	risk	NOUN
ajfa-5975	3	47	.	.	PUNCT
ajfa-5975	4	1	on	on	ADP
ajfa-5975	4	2	a	a	DET
ajfa-5975	4	3	micro	micro	ADJ
ajfa-5975	4	4	analysis	analysis	NOUN
ajfa-5975	4	5	,	,	PUNCT
ajfa-5975	4	6	larger	large	ADJ
ajfa-5975	4	7	banks	bank	NOUN
ajfa-5975	4	8	are	be	AUX
ajfa-5975	4	9	more	more	ADV
ajfa-5975	4	10	able	able	ADJ
ajfa-5975	4	11	to	to	PART
ajfa-5975	4	12	sustain	sustain	VERB
ajfa-5975	4	13	high	high	ADJ
ajfa-5975	4	14	levels	level	NOUN
ajfa-5975	4	15	of	of	ADP
ajfa-5975	4	16	noninterest	noninter	ADJ
ajfa-5975	4	17	income	income	NOUN
ajfa-5975	4	18	.	.	PUNCT
ajfa-5975	5	1	among	among	ADP
ajfa-5975	5	2	the	the	DET
ajfa-5975	5	3	banks	bank	NOUN
ajfa-5975	5	4	lloyds	lloyd	NOUN
ajfa-5975	5	5	and	and	CCONJ
ajfa-5975	5	6	hsbc	hsbc	PROPN
ajfa-5975	5	7	stand	stand	VERB
ajfa-5975	5	8	out	out	ADP
ajfa-5975	5	9	as	as	ADP
ajfa-5975	5	10	asian	asian	ADJ
ajfa-5975	5	11	journal	journal	NOUN
ajfa-5975	5	12	of	of	ADP
ajfa-5975	5	13	finance	finance	PROPN
ajfa-5975	5	14	&	&	CCONJ
ajfa-5975	5	15	accounting	accounting	PROPN
ajfa-5975	5	16	issn	issn	PROPN
ajfa-5975	5	17	1946	1946	NUM
ajfa-5975	5	18	-	-	PUNCT
ajfa-5975	5	19	052x	052x	PROPN
ajfa-5975	5	20	2014	2014	NUM
ajfa-5975	5	21	,	,	PUNCT
ajfa-5975	5	22	vol	vol	NOUN
ajfa-5975	5	23	.	.	PROPN
ajfa-5975	5	24	6	6	NUM
ajfa-5975	5	25	,	,	PUNCT
ajfa-5975	5	26	no	no	INTJ
ajfa-5975	5	27	.	.	NOUN
ajfa-5975	5	28	2	2	NUM
ajfa-5975	5	29	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	5	30	196	196	NUM
ajfa-5975	5	31	the	the	DET
ajfa-5975	5	32	major	major	ADJ
ajfa-5975	5	33	players	player	NOUN
ajfa-5975	5	34	in	in	ADP
ajfa-5975	5	35	noninterest	noninter	ADJ
ajfa-5975	5	36	income	income	NOUN
ajfa-5975	5	37	generation	generation	NOUN
ajfa-5975	5	38	.	.	PUNCT
ajfa-5975	6	1	at	at	ADP
ajfa-5975	6	2	aggregate	aggregate	ADJ
ajfa-5975	6	3	level	level	NOUN
ajfa-5975	6	4	while	while	SCONJ
ajfa-5975	6	5	interest	interest	NOUN
ajfa-5975	6	6	income	income	NOUN
ajfa-5975	6	7	reflects	reflect	VERB
ajfa-5975	6	8	a	a	DET
ajfa-5975	6	9	stable	stable	ADJ
ajfa-5975	6	10	trend	trend	NOUN
ajfa-5975	6	11	,	,	PUNCT
ajfa-5975	6	12	we	we	PRON
ajfa-5975	6	13	find	find	VERB
ajfa-5975	6	14	a	a	DET
ajfa-5975	6	15	significant	significant	ADJ
ajfa-5975	6	16	upward	upward	ADV
ajfa-5975	6	17	but	but	CCONJ
ajfa-5975	6	18	slightly	slightly	ADV
ajfa-5975	6	19	volatile	volatile	ADJ
ajfa-5975	6	20	trend	trend	NOUN
ajfa-5975	6	21	in	in	ADP
ajfa-5975	6	22	noninterest	noninter	ADJ
ajfa-5975	6	23	income	income	NOUN
ajfa-5975	6	24	for	for	ADP
ajfa-5975	6	25	the	the	DET
ajfa-5975	6	26	period	period	NOUN
ajfa-5975	6	27	1999	1999	NUM
ajfa-5975	6	28	-	-	SYM
ajfa-5975	6	29	2008	2008	NUM
ajfa-5975	6	30	before	before	ADP
ajfa-5975	6	31	a	a	DET
ajfa-5975	6	32	sharp	sharp	ADJ
ajfa-5975	6	33	downturn	downturn	NOUN
ajfa-5975	6	34	induced	induce	VERB
ajfa-5975	6	35	by	by	ADP
ajfa-5975	6	36	the	the	DET
ajfa-5975	6	37	financial	financial	ADJ
ajfa-5975	6	38	crisis	crisis	NOUN
ajfa-5975	6	39	.	.	PUNCT
ajfa-5975	7	1	this	this	DET
ajfa-5975	7	2	paper	paper	NOUN
ajfa-5975	7	3	argues	argue	VERB
ajfa-5975	7	4	that	that	SCONJ
ajfa-5975	7	5	in	in	ADP
ajfa-5975	7	6	terms	term	NOUN
ajfa-5975	7	7	of	of	ADP
ajfa-5975	7	8	financial	financial	ADJ
ajfa-5975	7	9	stability	stability	NOUN
ajfa-5975	7	10	,	,	PUNCT
ajfa-5975	7	11	the	the	DET
ajfa-5975	7	12	banks	bank	NOUN
ajfa-5975	7	13	’	'	PUNCT
ajfa-5975	7	14	greater	great	ADJ
ajfa-5975	7	15	reliance	reliance	NOUN
ajfa-5975	7	16	on	on	ADP
ajfa-5975	7	17	noninterest	noninter	ADJ
ajfa-5975	7	18	income	income	NOUN
ajfa-5975	7	19	particularly	particularly	ADV
ajfa-5975	7	20	commission	commission	NOUN
ajfa-5975	7	21	income	income	NOUN
ajfa-5975	7	22	is	be	AUX
ajfa-5975	7	23	associated	associate	VERB
ajfa-5975	7	24	with	with	ADP
ajfa-5975	7	25	higher	high	ADJ
ajfa-5975	7	26	systemic	systemic	ADJ
ajfa-5975	7	27	risk	risk	NOUN
ajfa-5975	7	28	.	.	PUNCT
ajfa-5975	8	1	this	this	DET
ajfa-5975	8	2	study	study	NOUN
ajfa-5975	8	3	has	have	AUX
ajfa-5975	8	4	shown	show	VERB
ajfa-5975	8	5	that	that	SCONJ
ajfa-5975	8	6	there	there	PRON
ajfa-5975	8	7	is	be	VERB
ajfa-5975	8	8	a	a	DET
ajfa-5975	8	9	positive	positive	ADJ
ajfa-5975	8	10	correlation	correlation	NOUN
ajfa-5975	8	11	between	between	ADP
ajfa-5975	8	12	interest	interest	NOUN
ajfa-5975	8	13	income	income	NOUN
ajfa-5975	8	14	and	and	CCONJ
ajfa-5975	8	15	non	non	ADJ
ajfa-5975	8	16	-	-	ADJ
ajfa-5975	8	17	interest	interest	ADJ
ajfa-5975	8	18	income	income	NOUN
ajfa-5975	8	19	for	for	ADP
ajfa-5975	8	20	the	the	DET
ajfa-5975	8	21	five	five	NUM
ajfa-5975	8	22	banks	bank	NOUN
ajfa-5975	8	23	.	.	PUNCT
ajfa-5975	9	1	keywords	keyword	NOUN
ajfa-5975	9	2	:	:	PUNCT
ajfa-5975	9	3	interest	interest	NOUN
ajfa-5975	9	4	income	income	NOUN
ajfa-5975	9	5	,	,	PUNCT
ajfa-5975	9	6	non	non	ADJ
ajfa-5975	9	7	-	-	ADJ
ajfa-5975	9	8	interest	interest	ADJ
ajfa-5975	9	9	income	income	NOUN
ajfa-5975	9	10	,	,	PUNCT
ajfa-5975	9	11	traditional	traditional	ADJ
ajfa-5975	9	12	banking	banking	NOUN
ajfa-5975	9	13	,	,	PUNCT
ajfa-5975	9	14	deregulation	deregulation	NOUN
ajfa-5975	9	15	diversification	diversification	NOUN
ajfa-5975	9	16	,	,	PUNCT
ajfa-5975	9	17	risk	risk	NOUN
ajfa-5975	9	18	,	,	PUNCT
ajfa-5975	9	19	bank	bank	NOUN
ajfa-5975	9	20	stability	stability	NOUN
ajfa-5975	9	21	,	,	PUNCT
ajfa-5975	9	22	correlation	correlation	NOUN
ajfa-5975	9	23	jel	jel	PROPN
ajfa-5975	9	24	codes	code	NOUN
ajfa-5975	9	25	:	:	PUNCT
ajfa-5975	10	1	g2	g2	PROPN
ajfa-5975	10	2	,	,	PUNCT
ajfa-5975	10	3	g21	g21	PROPN
ajfa-5975	10	4	,	,	PUNCT
ajfa-5975	10	5	and	and	CCONJ
ajfa-5975	10	6	g24	g24	PROPN
ajfa-5975	10	7	asian	asian	PROPN
ajfa-5975	10	8	journal	journal	PROPN
ajfa-5975	10	9	of	of	ADP
ajfa-5975	10	10	finance	finance	PROPN
ajfa-5975	10	11	&	&	CCONJ
ajfa-5975	10	12	accounting	accounting	PROPN
ajfa-5975	10	13	issn	issn	PROPN
ajfa-5975	10	14	1946	1946	NUM
ajfa-5975	10	15	-	-	PUNCT
ajfa-5975	10	16	052x	052x	PROPN
ajfa-5975	10	17	2014	2014	NUM
ajfa-5975	10	18	,	,	PUNCT
ajfa-5975	10	19	vol	vol	NOUN
ajfa-5975	10	20	.	.	PROPN
ajfa-5975	10	21	6	6	NUM
ajfa-5975	10	22	,	,	PUNCT
ajfa-5975	10	23	no	no	INTJ
ajfa-5975	10	24	.	.	NOUN
ajfa-5975	10	25	2	2	NUM
ajfa-5975	10	26	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	10	27	197	197	NUM
ajfa-5975	10	28	introduction	introduction	NOUN
ajfa-5975	10	29	traditionally	traditionally	ADV
ajfa-5975	10	30	the	the	DET
ajfa-5975	10	31	business	business	NOUN
ajfa-5975	10	32	of	of	ADP
ajfa-5975	10	33	banking	banking	NOUN
ajfa-5975	10	34	has	have	AUX
ajfa-5975	10	35	been	be	AUX
ajfa-5975	10	36	to	to	PART
ajfa-5975	10	37	accept	accept	VERB
ajfa-5975	10	38	deposits	deposit	NOUN
ajfa-5975	10	39	from	from	ADP
ajfa-5975	10	40	customers	customer	NOUN
ajfa-5975	10	41	and	and	CCONJ
ajfa-5975	10	42	use	use	VERB
ajfa-5975	10	43	these	these	DET
ajfa-5975	10	44	deposits	deposit	NOUN
ajfa-5975	10	45	to	to	PART
ajfa-5975	10	46	fund	fund	VERB
ajfa-5975	10	47	loans	loan	NOUN
ajfa-5975	10	48	that	that	PRON
ajfa-5975	10	49	they	they	PRON
ajfa-5975	10	50	kept	keep	VERB
ajfa-5975	10	51	on	on	ADP
ajfa-5975	10	52	their	their	PRON
ajfa-5975	10	53	balance	balance	NOUN
ajfa-5975	10	54	sheets	sheet	NOUN
ajfa-5975	10	55	until	until	ADP
ajfa-5975	10	56	maturity	maturity	NOUN
ajfa-5975	10	57	.	.	PUNCT
ajfa-5975	11	1	however	however	ADV
ajfa-5975	11	2	due	due	ADJ
ajfa-5975	11	3	financial	financial	ADJ
ajfa-5975	11	4	regulation	regulation	NOUN
ajfa-5975	11	5	that	that	PRON
ajfa-5975	11	6	took	take	VERB
ajfa-5975	11	7	place	place	NOUN
ajfa-5975	11	8	in	in	ADP
ajfa-5975	11	9	the	the	DET
ajfa-5975	11	10	eighties	eighty	NOUN
ajfa-5975	11	11	,	,	PUNCT
ajfa-5975	11	12	the	the	DET
ajfa-5975	11	13	uk	uk	PROPN
ajfa-5975	11	14	banking	banking	NOUN
ajfa-5975	11	15	system	system	NOUN
ajfa-5975	11	16	faced	face	VERB
ajfa-5975	11	17	major	major	ADJ
ajfa-5975	11	18	changes	change	NOUN
ajfa-5975	11	19	in	in	ADP
ajfa-5975	11	20	the	the	DET
ajfa-5975	11	21	form	form	NOUN
ajfa-5975	11	22	of	of	ADP
ajfa-5975	11	23	increased	increase	VERB
ajfa-5975	11	24	competition	competition	NOUN
ajfa-5975	11	25	,	,	PUNCT
ajfa-5975	11	26	concentration	concentration	NOUN
ajfa-5975	11	27	and	and	CCONJ
ajfa-5975	11	28	restructuring	restructuring	NOUN
ajfa-5975	11	29	.	.	PUNCT
ajfa-5975	12	1	in	in	ADP
ajfa-5975	12	2	the	the	DET
ajfa-5975	12	3	context	context	NOUN
ajfa-5975	12	4	of	of	ADP
ajfa-5975	12	5	these	these	DET
ajfa-5975	12	6	changes	change	NOUN
ajfa-5975	12	7	which	which	PRON
ajfa-5975	12	8	had	have	VERB
ajfa-5975	12	9	an	an	DET
ajfa-5975	12	10	impact	impact	NOUN
ajfa-5975	12	11	on	on	ADP
ajfa-5975	12	12	both	both	CCONJ
ajfa-5975	12	13	the	the	DET
ajfa-5975	12	14	bank	bank	NOUN
ajfa-5975	12	15	balance	balance	NOUN
ajfa-5975	12	16	sheet	sheet	NOUN
ajfa-5975	12	17	and	and	CCONJ
ajfa-5975	12	18	the	the	DET
ajfa-5975	12	19	income	income	NOUN
ajfa-5975	12	20	statements	statement	NOUN
ajfa-5975	12	21	and	and	CCONJ
ajfa-5975	12	22	in	in	ADP
ajfa-5975	12	23	response	response	NOUN
ajfa-5975	12	24	to	to	ADP
ajfa-5975	12	25	these	these	DET
ajfa-5975	12	26	changes	change	NOUN
ajfa-5975	12	27	,	,	PUNCT
ajfa-5975	12	28	banks	bank	NOUN
ajfa-5975	12	29	widened	widen	VERB
ajfa-5975	12	30	the	the	DET
ajfa-5975	12	31	range	range	NOUN
ajfa-5975	12	32	of	of	ADP
ajfa-5975	12	33	products	product	NOUN
ajfa-5975	12	34	that	that	PRON
ajfa-5975	12	35	banks	bank	NOUN
ajfa-5975	12	36	offer	offer	VERB
ajfa-5975	12	37	to	to	ADP
ajfa-5975	12	38	their	their	PRON
ajfa-5975	12	39	customers	customer	NOUN
ajfa-5975	12	40	.	.	PUNCT
ajfa-5975	13	1	with	with	ADP
ajfa-5975	13	2	regard	regard	NOUN
ajfa-5975	13	3	to	to	ADP
ajfa-5975	13	4	these	these	DET
ajfa-5975	13	5	changes	change	NOUN
ajfa-5975	13	6	,	,	PUNCT
ajfa-5975	13	7	although	although	SCONJ
ajfa-5975	13	8	the	the	DET
ajfa-5975	13	9	interest	interest	NOUN
ajfa-5975	13	10	margin	margin	NOUN
ajfa-5975	13	11	banks	bank	NOUN
ajfa-5975	13	12	earn	earn	VERB
ajfa-5975	13	13	by	by	ADP
ajfa-5975	13	14	intermediating	intermediate	VERB
ajfa-5975	13	15	between	between	ADP
ajfa-5975	13	16	depositors	depositor	NOUN
ajfa-5975	13	17	and	and	CCONJ
ajfa-5975	13	18	borrowers	borrower	NOUN
ajfa-5975	13	19	continues	continue	VERB
ajfa-5975	13	20	to	to	PART
ajfa-5975	13	21	be	be	AUX
ajfa-5975	13	22	a	a	DET
ajfa-5975	13	23	source	source	NOUN
ajfa-5975	13	24	of	of	ADP
ajfa-5975	13	25	profits	profit	NOUN
ajfa-5975	13	26	for	for	ADP
ajfa-5975	13	27	most	most	ADJ
ajfa-5975	13	28	banks	bank	NOUN
ajfa-5975	13	29	,	,	PUNCT
ajfa-5975	13	30	they	they	PRON
ajfa-5975	13	31	also	also	ADV
ajfa-5975	13	32	earn	earn	VERB
ajfa-5975	13	33	substantial	substantial	ADJ
ajfa-5975	13	34	amounts	amount	NOUN
ajfa-5975	13	35	of	of	ADP
ajfa-5975	13	36	noninterest	noninter	ADJ
ajfa-5975	13	37	income	income	NOUN
ajfa-5975	13	38	by	by	ADP
ajfa-5975	13	39	charging	charge	VERB
ajfa-5975	13	40	their	their	PRON
ajfa-5975	13	41	customers	customer	NOUN
ajfa-5975	13	42	fees	fee	NOUN
ajfa-5975	13	43	in	in	ADP
ajfa-5975	13	44	exchange	exchange	NOUN
ajfa-5975	13	45	for	for	ADP
ajfa-5975	13	46	a	a	DET
ajfa-5975	13	47	variety	variety	NOUN
ajfa-5975	13	48	of	of	ADP
ajfa-5975	13	49	financial	financial	ADJ
ajfa-5975	13	50	services	service	NOUN
ajfa-5975	13	51	(	(	PUNCT
ajfa-5975	13	52	deyoung	deyoung	PROPN
ajfa-5975	13	53	and	and	CCONJ
ajfa-5975	13	54	rice	rice	PROPN
ajfa-5975	13	55	,	,	PUNCT
ajfa-5975	13	56	2004	2004	NUM
ajfa-5975	13	57	)	)	PUNCT
ajfa-5975	13	58	.	.	PUNCT
ajfa-5975	14	1	while	while	SCONJ
ajfa-5975	14	2	these	these	DET
ajfa-5975	14	3	changing	change	VERB
ajfa-5975	14	4	trends	trend	NOUN
ajfa-5975	14	5	may	may	AUX
ajfa-5975	14	6	be	be	AUX
ajfa-5975	14	7	indicating	indicate	VERB
ajfa-5975	14	8	this	this	PRON
ajfa-5975	14	9	as	as	ADP
ajfa-5975	14	10	a	a	DET
ajfa-5975	14	11	new	new	ADJ
ajfa-5975	14	12	development	development	NOUN
ajfa-5975	14	13	,	,	PUNCT
ajfa-5975	14	14	banks	bank	NOUN
ajfa-5975	14	15	have	have	AUX
ajfa-5975	14	16	traditionally	traditionally	ADV
ajfa-5975	14	17	undertaken	undertake	VERB
ajfa-5975	14	18	these	these	DET
ajfa-5975	14	19	activities	activity	NOUN
ajfa-5975	14	20	even	even	ADV
ajfa-5975	14	21	before	before	ADP
ajfa-5975	14	22	the	the	DET
ajfa-5975	14	23	1986	1986	NUM
ajfa-5975	14	24	deregulation	deregulation	NOUN
ajfa-5975	14	25	(	(	PUNCT
ajfa-5975	14	26	smith	smith	NOUN
ajfa-5975	14	27	and	and	CCONJ
ajfa-5975	14	28	wood	wood	NOUN
ajfa-5975	14	29	,	,	PUNCT
ajfa-5975	14	30	2003	2003	NUM
ajfa-5975	14	31	)	)	PUNCT
ajfa-5975	14	32	.	.	PUNCT
ajfa-5975	15	1	however	however	ADV
ajfa-5975	15	2	,	,	PUNCT
ajfa-5975	15	3	the	the	DET
ajfa-5975	15	4	radical	radical	ADJ
ajfa-5975	15	5	deregulation	deregulation	NOUN
ajfa-5975	15	6	reform	reform	NOUN
ajfa-5975	15	7	that	that	PRON
ajfa-5975	15	8	became	became	AUX
ajfa-5975	15	9	known	know	VERB
ajfa-5975	15	10	as	as	ADP
ajfa-5975	15	11	‘	'	PUNCT
ajfa-5975	15	12	big	big	ADJ
ajfa-5975	15	13	bang	bang	PROPN
ajfa-5975	15	14	’	'	PUNCT
ajfa-5975	15	15	marked	mark	VERB
ajfa-5975	15	16	the	the	DET
ajfa-5975	15	17	beginning	beginning	NOUN
ajfa-5975	15	18	of	of	ADP
ajfa-5975	15	19	fundamental	fundamental	ADJ
ajfa-5975	15	20	changes	change	NOUN
ajfa-5975	15	21	for	for	ADP
ajfa-5975	15	22	the	the	DET
ajfa-5975	15	23	uk	uk	PROPN
ajfa-5975	15	24	banking	banking	NOUN
ajfa-5975	15	25	industry	industry	NOUN
ajfa-5975	15	26	by	by	ADP
ajfa-5975	15	27	removing	remove	VERB
ajfa-5975	15	28	numerous	numerous	ADJ
ajfa-5975	15	29	restrictions	restriction	NOUN
ajfa-5975	15	30	on	on	ADP
ajfa-5975	15	31	financial	financial	ADJ
ajfa-5975	15	32	service	service	NOUN
ajfa-5975	15	33	providers	provider	NOUN
ajfa-5975	15	34	.	.	PUNCT
ajfa-5975	16	1	in	in	ADP
ajfa-5975	16	2	relation	relation	NOUN
ajfa-5975	16	3	to	to	ADP
ajfa-5975	16	4	these	these	DET
ajfa-5975	16	5	changes	change	NOUN
ajfa-5975	16	6	,	,	PUNCT
ajfa-5975	16	7	while	while	SCONJ
ajfa-5975	16	8	uk	uk	PROPN
ajfa-5975	16	9	banks	bank	NOUN
ajfa-5975	16	10	have	have	AUX
ajfa-5975	16	11	been	be	AUX
ajfa-5975	16	12	shifting	shift	VERB
ajfa-5975	16	13	away	away	ADV
ajfa-5975	16	14	from	from	ADP
ajfa-5975	16	15	lending	lending	NOUN
ajfa-5975	16	16	activities	activity	NOUN
ajfa-5975	16	17	and	and	CCONJ
ajfa-5975	16	18	towards	towards	ADP
ajfa-5975	16	19	broader	broad	ADJ
ajfa-5975	16	20	financial	financial	ADJ
ajfa-5975	16	21	services	service	NOUN
ajfa-5975	16	22	for	for	ADP
ajfa-5975	16	23	decades	decade	NOUN
ajfa-5975	16	24	,	,	PUNCT
ajfa-5975	16	25	the	the	DET
ajfa-5975	16	26	1986	1986	NUM
ajfa-5975	16	27	deregulation	deregulation	NOUN
ajfa-5975	16	28	opened	open	VERB
ajfa-5975	16	29	the	the	DET
ajfa-5975	16	30	way	way	NOUN
ajfa-5975	16	31	for	for	ADP
ajfa-5975	16	32	full	full	ADJ
ajfa-5975	16	33	financial	financial	ADJ
ajfa-5975	16	34	integration	integration	NOUN
ajfa-5975	16	35	by	by	ADP
ajfa-5975	16	36	explicitly	explicitly	ADV
ajfa-5975	16	37	allowing	allow	VERB
ajfa-5975	16	38	financial	financial	ADJ
ajfa-5975	16	39	banks	bank	NOUN
ajfa-5975	16	40	to	to	PART
ajfa-5975	16	41	engage	engage	VERB
ajfa-5975	16	42	in	in	ADP
ajfa-5975	16	43	a	a	DET
ajfa-5975	16	44	host	host	NOUN
ajfa-5975	16	45	of	of	ADP
ajfa-5975	16	46	new	new	ADJ
ajfa-5975	16	47	activities	activity	NOUN
ajfa-5975	16	48	.	.	PUNCT
ajfa-5975	17	1	in	in	ADP
ajfa-5975	17	2	the	the	DET
ajfa-5975	17	3	context	context	NOUN
ajfa-5975	17	4	of	of	ADP
ajfa-5975	17	5	the	the	DET
ajfa-5975	17	6	changing	change	VERB
ajfa-5975	17	7	banking	banking	NOUN
ajfa-5975	17	8	environment	environment	NOUN
ajfa-5975	17	9	,	,	PUNCT
ajfa-5975	17	10	banks	bank	NOUN
ajfa-5975	17	11	generate	generate	VERB
ajfa-5975	17	12	substantial	substantial	ADJ
ajfa-5975	17	13	amounts	amount	NOUN
ajfa-5975	17	14	of	of	ADP
ajfa-5975	17	15	non	non	ADJ
ajfa-5975	17	16	-	-	ADJ
ajfa-5975	17	17	interest	interest	ADJ
ajfa-5975	17	18	income	income	NOUN
ajfa-5975	17	19	from	from	ADP
ajfa-5975	17	20	non	non	ADJ
ajfa-5975	17	21	-	-	ADJ
ajfa-5975	17	22	traditional	traditional	ADJ
ajfa-5975	17	23	activities	activity	NOUN
ajfa-5975	17	24	such	such	ADJ
ajfa-5975	17	25	as	as	ADP
ajfa-5975	17	26	investment	investment	NOUN
ajfa-5975	17	27	banking	banking	NOUN
ajfa-5975	17	28	,	,	PUNCT
ajfa-5975	17	29	securities	security	NOUN
ajfa-5975	17	30	brokerage	brokerage	NOUN
ajfa-5975	17	31	,	,	PUNCT
ajfa-5975	17	32	insurance	insurance	NOUN
ajfa-5975	17	33	agency	agency	NOUN
ajfa-5975	17	34	and	and	CCONJ
ajfa-5975	17	35	underwriting	underwriting	NOUN
ajfa-5975	17	36	(	(	PUNCT
ajfa-5975	17	37	kwast	kwast	NOUN
ajfa-5975	17	38	,	,	PUNCT
ajfa-5975	17	39	1989	1989	NUM
ajfa-5975	17	40	;	;	PUNCT
ajfa-5975	17	41	uppal	uppal	NOUN
ajfa-5975	17	42	,	,	PUNCT
ajfa-5975	17	43	2011	2011	NUM
ajfa-5975	17	44	)	)	PUNCT
ajfa-5975	17	45	.	.	PUNCT
ajfa-5975	18	1	however	however	ADV
ajfa-5975	18	2	,	,	PUNCT
ajfa-5975	18	3	engaging	engage	VERB
ajfa-5975	18	4	in	in	ADP
ajfa-5975	18	5	other	other	ADJ
ajfa-5975	18	6	"	"	PUNCT
ajfa-5975	18	7	non	non	ADJ
ajfa-5975	18	8	-	-	ADJ
ajfa-5975	18	9	traditional	traditional	ADJ
ajfa-5975	18	10	"	"	PUNCT
ajfa-5975	18	11	financial	financial	ADJ
ajfa-5975	18	12	activities	activity	NOUN
ajfa-5975	18	13	does	do	AUX
ajfa-5975	18	14	not	not	PART
ajfa-5975	18	15	only	only	ADV
ajfa-5975	18	16	give	give	VERB
ajfa-5975	18	17	a	a	DET
ajfa-5975	18	18	promise	promise	NOUN
ajfa-5975	18	19	for	for	ADP
ajfa-5975	18	20	greater	great	ADJ
ajfa-5975	18	21	profitability	profitability	NOUN
ajfa-5975	18	22	,	,	PUNCT
ajfa-5975	18	23	but	but	CCONJ
ajfa-5975	18	24	also	also	ADV
ajfa-5975	18	25	increases	increase	VERB
ajfa-5975	18	26	the	the	DET
ajfa-5975	18	27	industry	industry	NOUN
ajfa-5975	18	28	’s	’s	PART
ajfa-5975	18	29	vulnerability	vulnerability	NOUN
ajfa-5975	18	30	to	to	ADP
ajfa-5975	18	31	systemic	systemic	ADJ
ajfa-5975	18	32	risk	risk	NOUN
ajfa-5975	18	33	.	.	PUNCT
ajfa-5975	19	1	as	as	SCONJ
ajfa-5975	19	2	indicated	indicate	VERB
ajfa-5975	19	3	by	by	ADP
ajfa-5975	19	4	davies	davy	NOUN
ajfa-5975	19	5	and	and	CCONJ
ajfa-5975	19	6	tuori	tuori	PROPN
ajfa-5975	19	7	(	(	PUNCT
ajfa-5975	19	8	2000	2000	NUM
ajfa-5975	19	9	)	)	PUNCT
ajfa-5975	19	10	the	the	DET
ajfa-5975	19	11	debates	debate	NOUN
ajfa-5975	19	12	on	on	ADP
ajfa-5975	19	13	the	the	DET
ajfa-5975	19	14	changes	change	NOUN
ajfa-5975	19	15	in	in	ADP
ajfa-5975	19	16	the	the	DET
ajfa-5975	19	17	nature	nature	NOUN
ajfa-5975	19	18	of	of	ADP
ajfa-5975	19	19	financial	financial	ADJ
ajfa-5975	19	20	intermediation	intermediation	NOUN
ajfa-5975	19	21	have	have	AUX
ajfa-5975	19	22	been	be	AUX
ajfa-5975	19	23	mostly	mostly	ADV
ajfa-5975	19	24	based	base	VERB
ajfa-5975	19	25	on	on	ADP
ajfa-5975	19	26	theoretical	theoretical	ADJ
ajfa-5975	19	27	and	and	CCONJ
ajfa-5975	19	28	anecdotal	anecdotal	ADJ
ajfa-5975	19	29	bases	basis	NOUN
ajfa-5975	19	30	rather	rather	ADV
ajfa-5975	19	31	than	than	ADP
ajfa-5975	19	32	empirical	empirical	ADJ
ajfa-5975	19	33	evidence	evidence	NOUN
ajfa-5975	19	34	.	.	PUNCT
ajfa-5975	20	1	while	while	SCONJ
ajfa-5975	20	2	several	several	ADJ
ajfa-5975	20	3	studies	study	NOUN
ajfa-5975	20	4	have	have	AUX
ajfa-5975	20	5	examined	examine	VERB
ajfa-5975	20	6	a	a	DET
ajfa-5975	20	7	similar	similar	ADJ
ajfa-5975	20	8	question	question	NOUN
ajfa-5975	20	9	for	for	ADP
ajfa-5975	20	10	us	we	PRON
ajfa-5975	20	11	commercial	commercial	ADJ
ajfa-5975	20	12	banks	bank	NOUN
ajfa-5975	20	13	and	and	CCONJ
ajfa-5975	20	14	europe	europe	PROPN
ajfa-5975	20	15	,	,	PUNCT
ajfa-5975	20	16	this	this	PRON
ajfa-5975	20	17	is	be	AUX
ajfa-5975	20	18	the	the	DET
ajfa-5975	20	19	first	first	ADJ
ajfa-5975	20	20	paper	paper	NOUN
ajfa-5975	20	21	to	to	PART
ajfa-5975	20	22	empirically	empirically	ADV
ajfa-5975	20	23	examine	examine	VERB
ajfa-5975	20	24	the	the	DET
ajfa-5975	20	25	changing	change	VERB
ajfa-5975	20	26	income	income	NOUN
ajfa-5975	20	27	trends	trend	NOUN
ajfa-5975	20	28	in	in	ADP
ajfa-5975	20	29	uk	uk	PROPN
ajfa-5975	20	30	banks	bank	NOUN
ajfa-5975	20	31	.	.	PUNCT
ajfa-5975	21	1	by	by	ADP
ajfa-5975	21	2	way	way	NOUN
ajfa-5975	21	3	interest	interest	NOUN
ajfa-5975	21	4	income	income	NOUN
ajfa-5975	21	5	and	and	CCONJ
ajfa-5975	21	6	noninterest	noninter	ADJ
ajfa-5975	21	7	income	income	NOUN
ajfa-5975	21	8	trends	trend	NOUN
ajfa-5975	21	9	analysis	analysis	NOUN
ajfa-5975	21	10	for	for	ADP
ajfa-5975	21	11	5	5	NUM
ajfa-5975	21	12	large	large	ADJ
ajfa-5975	21	13	uk	uk	PROPN
ajfa-5975	21	14	banks	bank	NOUN
ajfa-5975	21	15	for	for	ADP
ajfa-5975	21	16	the	the	DET
ajfa-5975	21	17	period	period	NOUN
ajfa-5975	21	18	1986	1986	NUM
ajfa-5975	21	19	-	-	SYM
ajfa-5975	21	20	2012	2012	NUM
ajfa-5975	21	21	,	,	PUNCT
ajfa-5975	21	22	this	this	DET
ajfa-5975	21	23	paper	paper	NOUN
ajfa-5975	21	24	explores	explore	VERB
ajfa-5975	21	25	the	the	DET
ajfa-5975	21	26	banks	bank	NOUN
ajfa-5975	21	27	’	'	PUNCT
ajfa-5975	21	28	shift	shift	NOUN
ajfa-5975	21	29	from	from	ADP
ajfa-5975	21	30	the	the	DET
ajfa-5975	21	31	traditional	traditional	ADJ
ajfa-5975	21	32	banking	banking	NOUN
ajfa-5975	21	33	activities	activity	NOUN
ajfa-5975	21	34	to	to	ADP
ajfa-5975	21	35	the	the	DET
ajfa-5975	21	36	non	non	ADJ
ajfa-5975	21	37	-	-	ADJ
ajfa-5975	21	38	traditional	traditional	ADJ
ajfa-5975	21	39	banking	banking	NOUN
ajfa-5975	21	40	activities	activity	NOUN
ajfa-5975	21	41	using	use	VERB
ajfa-5975	21	42	1986	1986	NUM
ajfa-5975	21	43	as	as	ADP
ajfa-5975	21	44	the	the	DET
ajfa-5975	21	45	base	base	NOUN
ajfa-5975	21	46	year	year	NOUN
ajfa-5975	21	47	as	as	SCONJ
ajfa-5975	21	48	it	it	PRON
ajfa-5975	21	49	is	be	AUX
ajfa-5975	21	50	after	after	ADP
ajfa-5975	21	51	the	the	DET
ajfa-5975	21	52	implementation	implementation	NOUN
ajfa-5975	21	53	of	of	ADP
ajfa-5975	21	54	reforms	reform	NOUN
ajfa-5975	21	55	that	that	PRON
ajfa-5975	21	56	the	the	DET
ajfa-5975	21	57	transformation	transformation	NOUN
ajfa-5975	21	58	in	in	ADP
ajfa-5975	21	59	the	the	DET
ajfa-5975	21	60	bank	bank	NOUN
ajfa-5975	21	61	income	income	NOUN
ajfa-5975	21	62	structure	structure	NOUN
ajfa-5975	21	63	became	become	VERB
ajfa-5975	21	64	more	more	ADV
ajfa-5975	21	65	apparent	apparent	ADJ
ajfa-5975	21	66	.	.	PUNCT
ajfa-5975	22	1	this	this	DET
ajfa-5975	22	2	article	article	NOUN
ajfa-5975	22	3	is	be	AUX
ajfa-5975	22	4	organized	organize	VERB
ajfa-5975	22	5	as	as	SCONJ
ajfa-5975	22	6	follows	follow	VERB
ajfa-5975	22	7	.	.	PUNCT
ajfa-5975	23	1	section	section	NOUN
ajfa-5975	23	2	2	2	NUM
ajfa-5975	23	3	presents	present	VERB
ajfa-5975	23	4	a	a	DET
ajfa-5975	23	5	brief	brief	ADJ
ajfa-5975	23	6	account	account	NOUN
ajfa-5975	23	7	of	of	ADP
ajfa-5975	23	8	related	related	ADJ
ajfa-5975	23	9	studies	study	NOUN
ajfa-5975	23	10	while	while	SCONJ
ajfa-5975	23	11	section	section	NOUN
ajfa-5975	23	12	3	3	NUM
ajfa-5975	23	13	presents	present	VERB
ajfa-5975	23	14	data	datum	NOUN
ajfa-5975	23	15	and	and	CCONJ
ajfa-5975	23	16	methodology	methodology	NOUN
ajfa-5975	23	17	.	.	PUNCT
ajfa-5975	24	1	in	in	ADP
ajfa-5975	24	2	section	section	NOUN
ajfa-5975	24	3	4	4	NUM
ajfa-5975	24	4	and	and	CCONJ
ajfa-5975	24	5	4.1	4.1	NUM
ajfa-5975	24	6	an	an	DET
ajfa-5975	24	7	empirical	empirical	ADJ
ajfa-5975	24	8	analysis	analysis	NOUN
ajfa-5975	24	9	of	of	ADP
ajfa-5975	24	10	the	the	DET
ajfa-5975	24	11	interest	interest	NOUN
ajfa-5975	24	12	income	income	NOUN
ajfa-5975	24	13	and	and	CCONJ
ajfa-5975	24	14	noninterest	noninter	ADJ
ajfa-5975	24	15	income	income	NOUN
ajfa-5975	24	16	trends	trend	NOUN
ajfa-5975	24	17	of	of	ADP
ajfa-5975	24	18	all	all	DET
ajfa-5975	24	19	the	the	DET
ajfa-5975	24	20	5	5	NUM
ajfa-5975	24	21	banks	bank	NOUN
ajfa-5975	24	22	is	be	AUX
ajfa-5975	24	23	presented	present	VERB
ajfa-5975	24	24	.	.	PUNCT
ajfa-5975	25	1	section	section	NOUN
ajfa-5975	25	2	4.2	4.2	NUM
ajfa-5975	25	3	analyses	analyse	VERB
ajfa-5975	25	4	the	the	DET
ajfa-5975	25	5	individual	individual	ADJ
ajfa-5975	25	6	bank	bank	NOUN
ajfa-5975	25	7	trends	trend	NOUN
ajfa-5975	25	8	and	and	CCONJ
ajfa-5975	25	9	compare	compare	VERB
ajfa-5975	25	10	them	they	PRON
ajfa-5975	25	11	to	to	ADP
ajfa-5975	25	12	the	the	DET
ajfa-5975	25	13	general	general	ADJ
ajfa-5975	25	14	view	view	NOUN
ajfa-5975	25	15	while	while	SCONJ
ajfa-5975	25	16	section	section	NOUN
ajfa-5975	25	17	5	5	NUM
ajfa-5975	25	18	presents	present	VERB
ajfa-5975	25	19	the	the	DET
ajfa-5975	25	20	correlation	correlation	NOUN
ajfa-5975	25	21	results	result	NOUN
ajfa-5975	25	22	between	between	ADP
ajfa-5975	25	23	interest	interest	NOUN
ajfa-5975	25	24	and	and	CCONJ
ajfa-5975	25	25	non	non	ADJ
ajfa-5975	25	26	-	-	ADJ
ajfa-5975	25	27	interest	interest	ADJ
ajfa-5975	25	28	income	income	NOUN
ajfa-5975	25	29	.	.	PUNCT
ajfa-5975	26	1	finally	finally	ADV
ajfa-5975	26	2	section	section	VERB
ajfa-5975	26	3	6	6	NUM
ajfa-5975	26	4	summarizes	summarize	NOUN
ajfa-5975	26	5	our	our	PRON
ajfa-5975	26	6	findings	finding	NOUN
ajfa-5975	26	7	and	and	CCONJ
ajfa-5975	26	8	their	their	PRON
ajfa-5975	26	9	implications	implication	NOUN
ajfa-5975	26	10	before	before	ADP
ajfa-5975	26	11	presenting	present	VERB
ajfa-5975	26	12	a	a	DET
ajfa-5975	26	13	conclusion	conclusion	NOUN
ajfa-5975	26	14	.	.	PUNCT
ajfa-5975	27	1	asian	asian	ADJ
ajfa-5975	27	2	journal	journal	PROPN
ajfa-5975	27	3	of	of	ADP
ajfa-5975	27	4	finance	finance	PROPN
ajfa-5975	27	5	&	&	CCONJ
ajfa-5975	27	6	accounting	accounting	PROPN
ajfa-5975	27	7	issn	issn	PROPN
ajfa-5975	27	8	1946	1946	NUM
ajfa-5975	27	9	-	-	PUNCT
ajfa-5975	27	10	052x	052x	PROPN
ajfa-5975	27	11	2014	2014	NUM
ajfa-5975	27	12	,	,	PUNCT
ajfa-5975	27	13	vol	vol	NOUN
ajfa-5975	27	14	.	.	PROPN
ajfa-5975	28	1	6	6	NUM
ajfa-5975	28	2	,	,	PUNCT
ajfa-5975	28	3	no	no	INTJ
ajfa-5975	28	4	.	.	NOUN
ajfa-5975	28	5	2	2	NUM
ajfa-5975	28	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	28	7	198	198	NUM
ajfa-5975	28	8	related	relate	VERB
ajfa-5975	28	9	studies	study	NOUN
ajfa-5975	28	10	over	over	ADP
ajfa-5975	28	11	the	the	DET
ajfa-5975	28	12	past	past	ADJ
ajfa-5975	28	13	two	two	NUM
ajfa-5975	28	14	decades	decade	NOUN
ajfa-5975	28	15	there	there	PRON
ajfa-5975	28	16	has	have	AUX
ajfa-5975	28	17	been	be	AUX
ajfa-5975	28	18	a	a	DET
ajfa-5975	28	19	substantial	substantial	ADJ
ajfa-5975	28	20	increase	increase	NOUN
ajfa-5975	28	21	in	in	ADP
ajfa-5975	28	22	studies	study	NOUN
ajfa-5975	28	23	investigating	investigate	VERB
ajfa-5975	28	24	the	the	DET
ajfa-5975	28	25	combination	combination	NOUN
ajfa-5975	28	26	of	of	ADP
ajfa-5975	28	27	traditional	traditional	ADJ
ajfa-5975	28	28	and	and	CCONJ
ajfa-5975	28	29	non	non	ADJ
ajfa-5975	28	30	-	-	ADJ
ajfa-5975	28	31	traditional	traditional	ADJ
ajfa-5975	28	32	banking	banking	NOUN
ajfa-5975	28	33	activities	activity	NOUN
ajfa-5975	28	34	.	.	PUNCT
ajfa-5975	29	1	despite	despite	SCONJ
ajfa-5975	29	2	the	the	DET
ajfa-5975	29	3	increase	increase	NOUN
ajfa-5975	29	4	,	,	PUNCT
ajfa-5975	29	5	earlier	early	ADV
ajfa-5975	29	6	work	work	NOUN
ajfa-5975	29	7	on	on	ADP
ajfa-5975	29	8	the	the	DET
ajfa-5975	29	9	decline	decline	NOUN
ajfa-5975	29	10	of	of	ADP
ajfa-5975	29	11	traditional	traditional	ADJ
ajfa-5975	29	12	banking	banking	NOUN
ajfa-5975	29	13	has	have	AUX
ajfa-5975	29	14	taken	take	VERB
ajfa-5975	29	15	various	various	ADJ
ajfa-5975	29	16	approaches	approach	NOUN
ajfa-5975	29	17	.	.	PUNCT
ajfa-5975	30	1	the	the	DET
ajfa-5975	30	2	existing	exist	VERB
ajfa-5975	30	3	literature	literature	NOUN
ajfa-5975	30	4	which	which	PRON
ajfa-5975	30	5	is	be	AUX
ajfa-5975	30	6	mostly	mostly	ADV
ajfa-5975	30	7	based	base	VERB
ajfa-5975	30	8	on	on	ADP
ajfa-5975	30	9	us	we	PRON
ajfa-5975	30	10	and	and	CCONJ
ajfa-5975	30	11	in	in	ADP
ajfa-5975	30	12	some	some	DET
ajfa-5975	30	13	cases	case	NOUN
ajfa-5975	30	14	on	on	ADP
ajfa-5975	30	15	a	a	DET
ajfa-5975	30	16	broad	broad	ADJ
ajfa-5975	30	17	set	set	NOUN
ajfa-5975	30	18	of	of	ADP
ajfa-5975	30	19	european	european	ADJ
ajfa-5975	30	20	banks	bank	NOUN
ajfa-5975	30	21	have	have	AUX
ajfa-5975	30	22	predominantly	predominantly	ADV
ajfa-5975	30	23	focused	focus	VERB
ajfa-5975	30	24	on	on	ADP
ajfa-5975	30	25	potential	potential	ADJ
ajfa-5975	30	26	diversification	diversification	NOUN
ajfa-5975	30	27	benefits	benefit	NOUN
ajfa-5975	30	28	as	as	ADP
ajfa-5975	30	29	the	the	DET
ajfa-5975	30	30	main	main	ADJ
ajfa-5975	30	31	reason	reason	NOUN
ajfa-5975	30	32	why	why	SCONJ
ajfa-5975	30	33	banks	bank	NOUN
ajfa-5975	30	34	engage	engage	VERB
ajfa-5975	30	35	in	in	ADP
ajfa-5975	30	36	a	a	DET
ajfa-5975	30	37	broader	broad	ADJ
ajfa-5975	30	38	scope	scope	NOUN
ajfa-5975	30	39	of	of	ADP
ajfa-5975	30	40	activities	activity	NOUN
ajfa-5975	30	41	.	.	PUNCT
ajfa-5975	31	1	however	however	ADV
ajfa-5975	31	2	,	,	PUNCT
ajfa-5975	31	3	these	these	DET
ajfa-5975	31	4	studies	study	NOUN
ajfa-5975	31	5	have	have	AUX
ajfa-5975	31	6	provided	provide	VERB
ajfa-5975	31	7	mixed	mixed	ADJ
ajfa-5975	31	8	results	result	NOUN
ajfa-5975	31	9	.	.	PUNCT
ajfa-5975	32	1	while	while	SCONJ
ajfa-5975	32	2	eisemann	eisemann	PROPN
ajfa-5975	32	3	(	(	PUNCT
ajfa-5975	32	4	1976	1976	NUM
ajfa-5975	32	5	)	)	PUNCT
ajfa-5975	32	6	,	,	PUNCT
ajfa-5975	32	7	brewer	brewer	NOUN
ajfa-5975	32	8	(	(	PUNCT
ajfa-5975	32	9	1989	1989	NUM
ajfa-5975	32	10	)	)	PUNCT
ajfa-5975	32	11	and	and	CCONJ
ajfa-5975	32	12	stiroh	stiroh	X
ajfa-5975	32	13	(	(	PUNCT
ajfa-5975	32	14	2002	2002	NUM
ajfa-5975	32	15	)	)	PUNCT
ajfa-5975	32	16	,	,	PUNCT
ajfa-5975	32	17	boyd	boyd	PROPN
ajfa-5975	32	18	et	et	PROPN
ajfa-5975	32	19	al	al	PROPN
ajfa-5975	32	20	,	,	PUNCT
ajfa-5975	32	21	(	(	PUNCT
ajfa-5975	32	22	1980	1980	NUM
ajfa-5975	32	23	)	)	PUNCT
ajfa-5975	32	24	kwast	kwast	NOUN
ajfa-5975	32	25	(	(	PUNCT
ajfa-5975	32	26	1989	1989	NUM
ajfa-5975	32	27	)	)	PUNCT
ajfa-5975	32	28	and	and	CCONJ
ajfa-5975	32	29	gallo	gallo	PROPN
ajfa-5975	32	30	et	et	PROPN
ajfa-5975	32	31	al	al	PROPN
ajfa-5975	32	32	,	,	PUNCT
ajfa-5975	32	33	(	(	PUNCT
ajfa-5975	32	34	2002	2002	NUM
ajfa-5975	32	35	)	)	PUNCT
ajfa-5975	32	36	have	have	AUX
ajfa-5975	32	37	indicated	indicate	VERB
ajfa-5975	32	38	substantial	substantial	ADJ
ajfa-5975	32	39	benefits	benefit	NOUN
ajfa-5975	32	40	from	from	ADP
ajfa-5975	32	41	diversification	diversification	NOUN
ajfa-5975	32	42	into	into	ADP
ajfa-5975	32	43	non	non	ADJ
ajfa-5975	32	44	-	-	ADJ
ajfa-5975	32	45	bank	bank	ADJ
ajfa-5975	32	46	activities	activity	NOUN
ajfa-5975	32	47	,	,	PUNCT
ajfa-5975	32	48	others	other	NOUN
ajfa-5975	32	49	have	have	AUX
ajfa-5975	32	50	focused	focus	VERB
ajfa-5975	32	51	on	on	ADP
ajfa-5975	32	52	the	the	DET
ajfa-5975	32	53	implications	implication	NOUN
ajfa-5975	32	54	for	for	ADP
ajfa-5975	32	55	stability	stability	NOUN
ajfa-5975	32	56	and	and	CCONJ
ajfa-5975	32	57	regulatory	regulatory	ADJ
ajfa-5975	32	58	policy	policy	NOUN
ajfa-5975	32	59	(	(	PUNCT
ajfa-5975	32	60	see	see	VERB
ajfa-5975	32	61	edwards	edwards	PROPN
ajfa-5975	32	62	and	and	CCONJ
ajfa-5975	32	63	mishkin	mishkin	PROPN
ajfa-5975	32	64	,	,	PUNCT
ajfa-5975	32	65	1995	1995	NUM
ajfa-5975	32	66	,	,	PUNCT
ajfa-5975	32	67	lui	lui	NOUN
ajfa-5975	32	68	,	,	PUNCT
ajfa-5975	32	69	2012	2012	NUM
ajfa-5975	32	70	)	)	PUNCT
ajfa-5975	32	71	.	.	PUNCT
ajfa-5975	33	1	another	another	DET
ajfa-5975	33	2	cluster	cluster	NOUN
ajfa-5975	33	3	of	of	ADP
ajfa-5975	33	4	research	research	NOUN
ajfa-5975	33	5	has	have	AUX
ajfa-5975	33	6	however	however	ADV
ajfa-5975	33	7	reported	report	VERB
ajfa-5975	33	8	no	no	DET
ajfa-5975	33	9	benefits	benefit	NOUN
ajfa-5975	33	10	or	or	CCONJ
ajfa-5975	33	11	even	even	ADV
ajfa-5975	33	12	an	an	DET
ajfa-5975	33	13	increase	increase	NOUN
ajfa-5975	33	14	in	in	ADP
ajfa-5975	33	15	risk	risk	NOUN
ajfa-5975	33	16	when	when	SCONJ
ajfa-5975	33	17	banks	bank	NOUN
ajfa-5975	33	18	combine	combine	VERB
ajfa-5975	33	19	traditional	traditional	ADJ
ajfa-5975	33	20	and	and	CCONJ
ajfa-5975	33	21	non	non	ADJ
ajfa-5975	33	22	-	-	ADJ
ajfa-5975	33	23	traditional	traditional	ADJ
ajfa-5975	33	24	activities	activity	NOUN
ajfa-5975	33	25	(	(	PUNCT
ajfa-5975	33	26	see	see	VERB
ajfa-5975	33	27	stiroh	stiroh	ADJ
ajfa-5975	33	28	and	and	CCONJ
ajfa-5975	33	29	rumble,2006	rumble,2006	NOUN
ajfa-5975	33	30	;	;	PUNCT
ajfa-5975	33	31	boyd	boyd	PROPN
ajfa-5975	33	32	and	and	CCONJ
ajfa-5975	33	33	graham	graham	PROPN
ajfa-5975	33	34	,	,	PUNCT
ajfa-5975	33	35	1986	1986	NUM
ajfa-5975	33	36	)	)	PUNCT
ajfa-5975	33	37	.	.	PUNCT
ajfa-5975	34	1	boyd	boyd	PROPN
ajfa-5975	34	2	and	and	CCONJ
ajfa-5975	34	3	graham	graham	PROPN
ajfa-5975	34	4	(	(	PUNCT
ajfa-5975	34	5	1986	1986	NUM
ajfa-5975	34	6	)	)	PUNCT
ajfa-5975	34	7	found	find	VERB
ajfa-5975	34	8	that	that	SCONJ
ajfa-5975	34	9	expansion	expansion	NOUN
ajfa-5975	34	10	by	by	ADP
ajfa-5975	34	11	bank	bank	NOUN
ajfa-5975	34	12	holding	hold	VERB
ajfa-5975	34	13	companies	company	NOUN
ajfa-5975	34	14	into	into	ADP
ajfa-5975	34	15	non	non	ADJ
ajfa-5975	34	16	-	-	ADJ
ajfa-5975	34	17	traditional	traditional	ADJ
ajfa-5975	34	18	;	;	PUNCT
ajfa-5975	34	19	banking	banking	NOUN
ajfa-5975	34	20	activities	activity	NOUN
ajfa-5975	34	21	increased	increase	VERB
ajfa-5975	34	22	the	the	DET
ajfa-5975	34	23	risk	risk	NOUN
ajfa-5975	34	24	of	of	ADP
ajfa-5975	34	25	failures	failure	NOUN
ajfa-5975	34	26	during	during	ADP
ajfa-5975	34	27	less	less	ADV
ajfa-5975	34	28	stringent	stringent	ADJ
ajfa-5975	34	29	policy	policy	NOUN
ajfa-5975	34	30	periods	period	NOUN
ajfa-5975	34	31	in	in	ADP
ajfa-5975	34	32	the	the	DET
ajfa-5975	34	33	1970s	1970	NOUN
ajfa-5975	34	34	.	.	PUNCT
ajfa-5975	35	1	in	in	ADP
ajfa-5975	35	2	the	the	DET
ajfa-5975	35	3	same	same	ADJ
ajfa-5975	35	4	context	context	NOUN
ajfa-5975	35	5	demsetz	demsetz	VERB
ajfa-5975	35	6	and	and	CCONJ
ajfa-5975	35	7	strahan	strahan	PROPN
ajfa-5975	35	8	(	(	PUNCT
ajfa-5975	35	9	1995	1995	NUM
ajfa-5975	35	10	)	)	PUNCT
ajfa-5975	35	11	also	also	ADV
ajfa-5975	35	12	indicate	indicate	VERB
ajfa-5975	35	13	that	that	SCONJ
ajfa-5975	35	14	no	no	DET
ajfa-5975	35	15	risk	risk	NOUN
ajfa-5975	35	16	reduction	reduction	NOUN
ajfa-5975	35	17	was	be	AUX
ajfa-5975	35	18	observed	observe	VERB
ajfa-5975	35	19	as	as	SCONJ
ajfa-5975	35	20	banks	bank	NOUN
ajfa-5975	35	21	tended	tend	VERB
ajfa-5975	35	22	to	to	PART
ajfa-5975	35	23	move	move	VERB
ajfa-5975	35	24	to	to	ADP
ajfa-5975	35	25	riskier	risky	ADJ
ajfa-5975	35	26	activities	activity	NOUN
ajfa-5975	35	27	to	to	PART
ajfa-5975	35	28	lower	lower	VERB
ajfa-5975	35	29	their	their	PRON
ajfa-5975	35	30	capital	capital	NOUN
ajfa-5975	35	31	ratios	ratio	NOUN
ajfa-5975	35	32	.	.	PUNCT
ajfa-5975	36	1	deyoung	deyoung	PROPN
ajfa-5975	36	2	and	and	CCONJ
ajfa-5975	36	3	roland	roland	PROPN
ajfa-5975	36	4	(	(	PUNCT
ajfa-5975	36	5	2001	2001	NUM
ajfa-5975	36	6	)	)	PUNCT
ajfa-5975	36	7	in	in	ADP
ajfa-5975	36	8	their	their	PRON
ajfa-5975	36	9	study	study	NOUN
ajfa-5975	36	10	on	on	ADP
ajfa-5975	36	11	non	non	ADJ
ajfa-5975	36	12	-	-	ADJ
ajfa-5975	36	13	interest	interest	ADJ
ajfa-5975	36	14	income	income	NOUN
ajfa-5975	36	15	and	and	CCONJ
ajfa-5975	36	16	financial	financial	ADJ
ajfa-5975	36	17	performance	performance	NOUN
ajfa-5975	36	18	at	at	ADP
ajfa-5975	36	19	us	us	PROPN
ajfa-5975	36	20	commercial	commercial	ADJ
ajfa-5975	36	21	banks	bank	NOUN
ajfa-5975	36	22	found	find	VERB
ajfa-5975	36	23	that	that	SCONJ
ajfa-5975	36	24	fee	fee	NOUN
ajfa-5975	36	25	-	-	PUNCT
ajfa-5975	36	26	based	base	VERB
ajfa-5975	36	27	activities	activity	NOUN
ajfa-5975	36	28	increase	increase	VERB
ajfa-5975	36	29	the	the	DET
ajfa-5975	36	30	volatility	volatility	NOUN
ajfa-5975	36	31	of	of	ADP
ajfa-5975	36	32	bank	bank	NOUN
ajfa-5975	36	33	revenues	revenue	NOUN
ajfa-5975	36	34	.	.	PUNCT
ajfa-5975	37	1	these	these	DET
ajfa-5975	37	2	findings	finding	NOUN
ajfa-5975	37	3	are	be	AUX
ajfa-5975	37	4	also	also	ADV
ajfa-5975	37	5	similar	similar	ADJ
ajfa-5975	37	6	to	to	ADP
ajfa-5975	37	7	the	the	DET
ajfa-5975	37	8	work	work	NOUN
ajfa-5975	37	9	of	of	ADP
ajfa-5975	37	10	stiroh	stiroh	NOUN
ajfa-5975	37	11	(	(	PUNCT
ajfa-5975	37	12	2004	2004	NUM
ajfa-5975	37	13	)	)	PUNCT
ajfa-5975	37	14	and	and	CCONJ
ajfa-5975	37	15	stiroh	stiroh	VERB
ajfa-5975	37	16	and	and	CCONJ
ajfa-5975	37	17	rumble	rumble	ADJ
ajfa-5975	37	18	(	(	PUNCT
ajfa-5975	37	19	2006	2006	NUM
ajfa-5975	37	20	)	)	PUNCT
ajfa-5975	37	21	who	who	PRON
ajfa-5975	37	22	not	not	PART
ajfa-5975	37	23	only	only	ADV
ajfa-5975	37	24	show	show	VERB
ajfa-5975	37	25	that	that	SCONJ
ajfa-5975	37	26	non	non	ADJ
ajfa-5975	37	27	-	-	ADJ
ajfa-5975	37	28	interest	interest	ADJ
ajfa-5975	37	29	income	income	NOUN
ajfa-5975	37	30	is	be	AUX
ajfa-5975	37	31	more	more	ADV
ajfa-5975	37	32	volatile	volatile	ADJ
ajfa-5975	37	33	but	but	CCONJ
ajfa-5975	37	34	argue	argue	VERB
ajfa-5975	37	35	that	that	SCONJ
ajfa-5975	37	36	it	it	PRON
ajfa-5975	37	37	is	be	AUX
ajfa-5975	37	38	also	also	ADV
ajfa-5975	37	39	increasingly	increasingly	ADV
ajfa-5975	37	40	correlated	correlate	VERB
ajfa-5975	37	41	with	with	ADP
ajfa-5975	37	42	interest	interest	NOUN
ajfa-5975	37	43	income	income	NOUN
ajfa-5975	37	44	.	.	PUNCT
ajfa-5975	38	1	these	these	DET
ajfa-5975	38	2	findings	finding	NOUN
ajfa-5975	38	3	imply	imply	VERB
ajfa-5975	38	4	lower	low	ADJ
ajfa-5975	38	5	diversification	diversification	NOUN
ajfa-5975	38	6	benefits	benefit	NOUN
ajfa-5975	38	7	which	which	PRON
ajfa-5975	38	8	stiroh	stiroh	VERB
ajfa-5975	38	9	(	(	PUNCT
ajfa-5975	38	10	2004	2004	NUM
ajfa-5975	38	11	)	)	PUNCT
ajfa-5975	38	12	and	and	CCONJ
ajfa-5975	38	13	stiroh	stiroh	VERB
ajfa-5975	38	14	and	and	CCONJ
ajfa-5975	38	15	rumble	rumble	ADJ
ajfa-5975	38	16	(	(	PUNCT
ajfa-5975	38	17	2006	2006	NUM
ajfa-5975	38	18	)	)	PUNCT
ajfa-5975	38	19	have	have	AUX
ajfa-5975	38	20	argued	argue	VERB
ajfa-5975	38	21	could	could	AUX
ajfa-5975	38	22	be	be	AUX
ajfa-5975	38	23	due	due	ADJ
ajfa-5975	38	24	to	to	ADP
ajfa-5975	38	25	possible	possible	ADJ
ajfa-5975	38	26	cross	cross	NOUN
ajfa-5975	38	27	selling	selling	NOUN
ajfa-5975	38	28	of	of	ADP
ajfa-5975	38	29	different	different	ADJ
ajfa-5975	38	30	products	product	NOUN
ajfa-5975	38	31	to	to	ADP
ajfa-5975	38	32	the	the	DET
ajfa-5975	38	33	same	same	ADJ
ajfa-5975	38	34	customers	customer	NOUN
ajfa-5975	38	35	.	.	PUNCT
ajfa-5975	39	1	smith	smith	NOUN
ajfa-5975	39	2	and	and	CCONJ
ajfa-5975	39	3	wood	wood	NOUN
ajfa-5975	39	4	(	(	PUNCT
ajfa-5975	39	5	2003	2003	NUM
ajfa-5975	39	6	)	)	PUNCT
ajfa-5975	39	7	examine	examine	VERB
ajfa-5975	39	8	the	the	DET
ajfa-5975	39	9	variability	variability	NOUN
ajfa-5975	39	10	of	of	ADP
ajfa-5975	39	11	interest	interest	NOUN
ajfa-5975	39	12	and	and	CCONJ
ajfa-5975	39	13	non	non	ADJ
ajfa-5975	39	14	-	-	ADJ
ajfa-5975	39	15	interest	interest	ADJ
ajfa-5975	39	16	income	income	NOUN
ajfa-5975	39	17	,	,	PUNCT
ajfa-5975	39	18	and	and	CCONJ
ajfa-5975	39	19	the	the	DET
ajfa-5975	39	20	correlation	correlation	NOUN
ajfa-5975	39	21	between	between	ADP
ajfa-5975	39	22	these	these	DET
ajfa-5975	39	23	two	two	NUM
ajfa-5975	39	24	variables	variable	NOUN
ajfa-5975	39	25	,	,	PUNCT
ajfa-5975	39	26	for	for	ADP
ajfa-5975	39	27	the	the	DET
ajfa-5975	39	28	banking	banking	NOUN
ajfa-5975	39	29	systems	system	NOUN
ajfa-5975	39	30	of	of	ADP
ajfa-5975	39	31	eu	eu	PROPN
ajfa-5975	39	32	countries	country	NOUN
ajfa-5975	39	33	for	for	ADP
ajfa-5975	39	34	the	the	DET
ajfa-5975	39	35	period	period	NOUN
ajfa-5975	39	36	1994	1994	NUM
ajfa-5975	39	37	-	-	SYM
ajfa-5975	39	38	1998	1998	NUM
ajfa-5975	39	39	and	and	CCONJ
ajfa-5975	39	40	in	in	ADP
ajfa-5975	39	41	the	the	DET
ajfa-5975	39	42	process	process	NOUN
ajfa-5975	39	43	arguing	argue	VERB
ajfa-5975	39	44	that	that	SCONJ
ajfa-5975	39	45	non	non	ADJ
ajfa-5975	39	46	-	-	ADJ
ajfa-5975	39	47	interest	interest	ADJ
ajfa-5975	39	48	income	income	NOUN
ajfa-5975	39	49	reduces	reduce	VERB
ajfa-5975	39	50	bank	bank	NOUN
ajfa-5975	39	51	risk	risk	NOUN
ajfa-5975	39	52	via	via	ADP
ajfa-5975	39	53	diversification	diversification	NOUN
ajfa-5975	39	54	.	.	PUNCT
ajfa-5975	40	1	they	they	PRON
ajfa-5975	40	2	found	find	VERB
ajfa-5975	40	3	the	the	DET
ajfa-5975	40	4	increased	increase	VERB
ajfa-5975	40	5	importance	importance	NOUN
ajfa-5975	40	6	of	of	ADP
ajfa-5975	40	7	non	non	ADJ
ajfa-5975	40	8	-	-	ADJ
ajfa-5975	40	9	interest	interest	ADJ
ajfa-5975	40	10	income	income	NOUN
ajfa-5975	40	11	to	to	PART
ajfa-5975	40	12	stabilise	stabilise	VERB
ajfa-5975	40	13	profits	profit	NOUN
ajfa-5975	40	14	in	in	ADP
ajfa-5975	40	15	the	the	DET
ajfa-5975	40	16	european	european	ADJ
ajfa-5975	40	17	banking	banking	NOUN
ajfa-5975	40	18	industry	industry	NOUN
ajfa-5975	40	19	in	in	ADP
ajfa-5975	40	20	those	those	DET
ajfa-5975	40	21	years	year	NOUN
ajfa-5975	40	22	.	.	PUNCT
ajfa-5975	41	1	further	far	ADV
ajfa-5975	41	2	,	,	PUNCT
ajfa-5975	41	3	canals	canal	NOUN
ajfa-5975	41	4	(	(	PUNCT
ajfa-5975	41	5	1993	1993	NUM
ajfa-5975	41	6	)	)	PUNCT
ajfa-5975	41	7	found	find	VERB
ajfa-5975	41	8	that	that	SCONJ
ajfa-5975	41	9	the	the	DET
ajfa-5975	41	10	increased	increase	VERB
ajfa-5975	41	11	revenues	revenue	NOUN
ajfa-5975	41	12	obtained	obtain	VERB
ajfa-5975	41	13	from	from	ADP
ajfa-5975	41	14	new	new	ADJ
ajfa-5975	41	15	business	business	NOUN
ajfa-5975	41	16	units	unit	NOUN
ajfa-5975	41	17	have	have	AUX
ajfa-5975	41	18	significantly	significantly	ADV
ajfa-5975	41	19	contributed	contribute	VERB
ajfa-5975	41	20	to	to	ADP
ajfa-5975	41	21	improving	improve	VERB
ajfa-5975	41	22	bank	bank	NOUN
ajfa-5975	41	23	performance	performance	NOUN
ajfa-5975	41	24	.	.	PUNCT
ajfa-5975	42	1	focusing	focus	VERB
ajfa-5975	42	2	on	on	ADP
ajfa-5975	42	3	the	the	DET
ajfa-5975	42	4	impact	impact	NOUN
ajfa-5975	42	5	of	of	ADP
ajfa-5975	42	6	non	non	ADJ
ajfa-5975	42	7	-	-	ADJ
ajfa-5975	42	8	interest	interest	ADJ
ajfa-5975	42	9	income	income	NOUN
ajfa-5975	42	10	on	on	ADP
ajfa-5975	42	11	bank	bank	NOUN
ajfa-5975	42	12	profitability	profitability	NOUN
ajfa-5975	42	13	,	,	PUNCT
ajfa-5975	42	14	saunders	saunder	NOUN
ajfa-5975	42	15	and	and	CCONJ
ajfa-5975	42	16	walters	walters	PROPN
ajfa-5975	42	17	(	(	PUNCT
ajfa-5975	42	18	1994	1994	NUM
ajfa-5975	42	19	)	)	PUNCT
ajfa-5975	42	20	argue	argue	VERB
ajfa-5975	42	21	that	that	SCONJ
ajfa-5975	42	22	fee	fee	NOUN
ajfa-5975	42	23	-	-	PUNCT
ajfa-5975	42	24	based	base	VERB
ajfa-5975	42	25	income	income	NOUN
ajfa-5975	42	26	stabilises	stabilise	VERB
ajfa-5975	42	27	profitability	profitability	NOUN
ajfa-5975	42	28	.	.	PUNCT
ajfa-5975	43	1	this	this	PRON
ajfa-5975	43	2	was	be	AUX
ajfa-5975	43	3	also	also	ADV
ajfa-5975	43	4	supported	support	VERB
ajfa-5975	43	5	uppal	uppal	NOUN
ajfa-5975	43	6	(	(	PUNCT
ajfa-5975	43	7	2011	2011	NUM
ajfa-5975	43	8	)	)	PUNCT
ajfa-5975	43	9	who	who	PRON
ajfa-5975	43	10	argues	argue	VERB
ajfa-5975	43	11	that	that	SCONJ
ajfa-5975	43	12	after	after	SCONJ
ajfa-5975	43	13	reforms	reform	NOUN
ajfa-5975	43	14	banks	bank	NOUN
ajfa-5975	43	15	have	have	AUX
ajfa-5975	43	16	start	start	VERB
ajfa-5975	43	17	to	to	PART
ajfa-5975	43	18	enter	enter	VERB
ajfa-5975	43	19	the	the	DET
ajfa-5975	43	20	financial	financial	ADJ
ajfa-5975	43	21	market	market	NOUN
ajfa-5975	43	22	with	with	ADP
ajfa-5975	43	23	almost	almost	ADV
ajfa-5975	43	24	daily	daily	ADJ
ajfa-5975	43	25	innovative	innovative	ADJ
ajfa-5975	43	26	products	product	NOUN
ajfa-5975	43	27	/	/	SYM
ajfa-5975	43	28	services	service	NOUN
ajfa-5975	43	29	to	to	PART
ajfa-5975	43	30	capture	capture	VERB
ajfa-5975	43	31	maximum	maximum	ADJ
ajfa-5975	43	32	market	market	NOUN
ajfa-5975	43	33	share	share	NOUN
ajfa-5975	43	34	and	and	CCONJ
ajfa-5975	43	35	then	then	ADV
ajfa-5975	43	36	earn	earn	VERB
ajfa-5975	43	37	maximum	maximum	ADJ
ajfa-5975	43	38	profits	profit	NOUN
ajfa-5975	43	39	.	.	PUNCT
ajfa-5975	44	1	uppal	uppal	NOUN
ajfa-5975	44	2	(	(	PUNCT
ajfa-5975	44	3	2011	2011	NUM
ajfa-5975	44	4	)	)	PUNCT
ajfa-5975	44	5	argue	argue	VERB
ajfa-5975	44	6	that	that	SCONJ
ajfa-5975	44	7	the	the	DET
ajfa-5975	44	8	combination	combination	NOUN
ajfa-5975	44	9	of	of	ADP
ajfa-5975	44	10	banking	banking	NOUN
ajfa-5975	44	11	,	,	PUNCT
ajfa-5975	44	12	insurance	insurance	NOUN
ajfa-5975	44	13	and	and	CCONJ
ajfa-5975	44	14	securities	security	NOUN
ajfa-5975	44	15	activities	activity	NOUN
ajfa-5975	44	16	may	may	AUX
ajfa-5975	44	17	lead	lead	VERB
ajfa-5975	44	18	to	to	ADP
ajfa-5975	44	19	a	a	DET
ajfa-5975	44	20	more	more	ADV
ajfa-5975	44	21	stable	stable	ADJ
ajfa-5975	44	22	profit	profit	NOUN
ajfa-5975	44	23	stream	stream	NOUN
ajfa-5975	44	24	since	since	SCONJ
ajfa-5975	44	25	the	the	DET
ajfa-5975	44	26	revenues	revenue	NOUN
ajfa-5975	44	27	stemming	stem	VERB
ajfa-5975	44	28	from	from	ADP
ajfa-5975	44	29	different	different	ADJ
ajfa-5975	44	30	products	product	NOUN
ajfa-5975	44	31	in	in	ADP
ajfa-5975	44	32	a	a	DET
ajfa-5975	44	33	conglomerate	conglomerate	NOUN
ajfa-5975	44	34	organisation	organisation	NOUN
ajfa-5975	44	35	are	be	AUX
ajfa-5975	44	36	usually	usually	ADV
ajfa-5975	44	37	imperfectly	imperfectly	ADV
ajfa-5975	44	38	correlated	correlate	VERB
ajfa-5975	44	39	.	.	PUNCT
ajfa-5975	45	1	in	in	ADP
ajfa-5975	45	2	another	another	DET
ajfa-5975	45	3	strand	strand	NOUN
ajfa-5975	45	4	of	of	ADP
ajfa-5975	45	5	research	research	NOUN
ajfa-5975	45	6	,	,	PUNCT
ajfa-5975	45	7	mester	mester	NOUN
ajfa-5975	45	8	(	(	PUNCT
ajfa-5975	45	9	1992	1992	NUM
ajfa-5975	45	10	)	)	PUNCT
ajfa-5975	45	11	found	find	VERB
ajfa-5975	45	12	that	that	SCONJ
ajfa-5975	45	13	mixing	mix	VERB
ajfa-5975	45	14	traditional	traditional	ADJ
ajfa-5975	45	15	banking	banking	NOUN
ajfa-5975	45	16	activities	activity	NOUN
ajfa-5975	45	17	of	of	ADP
ajfa-5975	45	18	originating	originate	VERB
ajfa-5975	45	19	and	and	CCONJ
ajfa-5975	45	20	monitoring	monitor	VERB
ajfa-5975	45	21	loans	loan	NOUN
ajfa-5975	45	22	with	with	ADP
ajfa-5975	45	23	non	non	ADJ
ajfa-5975	45	24	-	-	ADJ
ajfa-5975	45	25	traditional	traditional	ADJ
ajfa-5975	45	26	activities	activity	NOUN
ajfa-5975	45	27	of	of	ADP
ajfa-5975	45	28	loan	loan	NOUN
ajfa-5975	45	29	selling	selling	NOUN
ajfa-5975	45	30	and	and	CCONJ
ajfa-5975	45	31	buying	buying	NOUN
ajfa-5975	45	32	products	product	NOUN
ajfa-5975	45	33	does	do	AUX
ajfa-5975	45	34	not	not	PART
ajfa-5975	45	35	only	only	ADV
ajfa-5975	45	36	lead	lead	VERB
ajfa-5975	45	37	to	to	ADP
ajfa-5975	45	38	economies	economy	NOUN
ajfa-5975	45	39	of	of	ADP
ajfa-5975	45	40	scale	scale	NOUN
ajfa-5975	45	41	but	but	CCONJ
ajfa-5975	45	42	also	also	ADV
ajfa-5975	45	43	diseconomies	diseconomie	NOUN
ajfa-5975	45	44	of	of	ADP
ajfa-5975	45	45	scope	scope	NOUN
ajfa-5975	45	46	.	.	PUNCT
ajfa-5975	46	1	further	far	ADV
ajfa-5975	46	2	,	,	PUNCT
ajfa-5975	46	3	asian	asian	ADJ
ajfa-5975	46	4	journal	journal	NOUN
ajfa-5975	46	5	of	of	ADP
ajfa-5975	46	6	finance	finance	PROPN
ajfa-5975	46	7	&	&	CCONJ
ajfa-5975	46	8	accounting	accounting	PROPN
ajfa-5975	46	9	issn	issn	PROPN
ajfa-5975	46	10	1946	1946	NUM
ajfa-5975	46	11	-	-	PUNCT
ajfa-5975	46	12	052x	052x	PROPN
ajfa-5975	46	13	2014	2014	NUM
ajfa-5975	46	14	,	,	PUNCT
ajfa-5975	46	15	vol	vol	NOUN
ajfa-5975	46	16	.	.	PROPN
ajfa-5975	46	17	6	6	NUM
ajfa-5975	46	18	,	,	PUNCT
ajfa-5975	46	19	no	no	INTJ
ajfa-5975	46	20	.	.	NOUN
ajfa-5975	46	21	2	2	NUM
ajfa-5975	46	22	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	46	23	199	199	NUM
ajfa-5975	46	24	researchers	researcher	NOUN
ajfa-5975	46	25	kwast	kwast	VERB
ajfa-5975	46	26	(	(	PUNCT
ajfa-5975	46	27	1989	1989	NUM
ajfa-5975	46	28	)	)	PUNCT
ajfa-5975	46	29	,	,	PUNCT
ajfa-5975	46	30	mishkin	mishkin	NOUN
ajfa-5975	46	31	(	(	PUNCT
ajfa-5975	46	32	1999	1999	NUM
ajfa-5975	46	33	)	)	PUNCT
ajfa-5975	46	34	,	,	PUNCT
ajfa-5975	46	35	chow	chow	PROPN
ajfa-5975	46	36	and	and	CCONJ
ajfa-5975	46	37	surti	surti	PROPN
ajfa-5975	46	38	,	,	PUNCT
ajfa-5975	46	39	(	(	PUNCT
ajfa-5975	46	40	2011	2011	NUM
ajfa-5975	46	41	)	)	PUNCT
ajfa-5975	46	42	and	and	CCONJ
ajfa-5975	46	43	hale	hale	PROPN
ajfa-5975	46	44	and	and	CCONJ
ajfa-5975	46	45	santos	santos	PROPN
ajfa-5975	46	46	(	(	PUNCT
ajfa-5975	46	47	2009	2009	NUM
ajfa-5975	46	48	)	)	PUNCT
ajfa-5975	46	49	argued	argue	VERB
ajfa-5975	46	50	that	that	SCONJ
ajfa-5975	46	51	the	the	DET
ajfa-5975	46	52	shift	shift	NOUN
ajfa-5975	46	53	from	from	ADP
ajfa-5975	46	54	traditional	traditional	ADJ
ajfa-5975	46	55	banking	banking	NOUN
ajfa-5975	46	56	to	to	ADP
ajfa-5975	46	57	non	non	ADJ
ajfa-5975	46	58	-	-	ADJ
ajfa-5975	46	59	traditional	traditional	ADJ
ajfa-5975	46	60	banking	banking	NOUN
ajfa-5975	46	61	where	where	SCONJ
ajfa-5975	46	62	banks	bank	NOUN
ajfa-5975	46	63	borrow	borrow	VERB
ajfa-5975	46	64	short	short	ADJ
ajfa-5975	46	65	,	,	PUNCT
ajfa-5975	46	66	lend	lend	VERB
ajfa-5975	46	67	long	long	ADV
ajfa-5975	46	68	and	and	CCONJ
ajfa-5975	46	69	hold	hold	VERB
ajfa-5975	46	70	on	on	ADP
ajfa-5975	46	71	to	to	ADP
ajfa-5975	46	72	loans	loan	NOUN
ajfa-5975	46	73	as	as	SCONJ
ajfa-5975	46	74	an	an	DET
ajfa-5975	46	75	investment	investment	NOUN
ajfa-5975	46	76	has	have	AUX
ajfa-5975	46	77	been	be	AUX
ajfa-5975	46	78	reshaped	reshape	VERB
ajfa-5975	46	79	by	by	ADP
ajfa-5975	46	80	increased	increase	VERB
ajfa-5975	46	81	competition	competition	NOUN
ajfa-5975	46	82	and	and	CCONJ
ajfa-5975	46	83	innovation	innovation	NOUN
ajfa-5975	46	84	after	after	ADP
ajfa-5975	46	85	the	the	DET
ajfa-5975	46	86	deregulation	deregulation	NOUN
ajfa-5975	46	87	of	of	ADP
ajfa-5975	46	88	banking	banking	NOUN
ajfa-5975	46	89	in	in	ADP
ajfa-5975	46	90	1986	1986	NUM
ajfa-5975	46	91	.	.	PUNCT
ajfa-5975	47	1	deregulation	deregulation	NOUN
ajfa-5975	47	2	which	which	PRON
ajfa-5975	47	3	aimed	aim	VERB
ajfa-5975	47	4	to	to	PART
ajfa-5975	47	5	increase	increase	VERB
ajfa-5975	47	6	competition	competition	NOUN
ajfa-5975	47	7	and	and	CCONJ
ajfa-5975	47	8	profitability	profitability	NOUN
ajfa-5975	47	9	of	of	ADP
ajfa-5975	47	10	banks	bank	NOUN
ajfa-5975	47	11	dramatically	dramatically	ADV
ajfa-5975	47	12	changed	change	VERB
ajfa-5975	47	13	characteristics	characteristic	NOUN
ajfa-5975	47	14	of	of	ADP
ajfa-5975	47	15	the	the	DET
ajfa-5975	47	16	bank	bank	NOUN
ajfa-5975	47	17	balance	balance	NOUN
ajfa-5975	47	18	sheet	sheet	NOUN
ajfa-5975	47	19	,	,	PUNCT
ajfa-5975	47	20	from	from	ADP
ajfa-5975	47	21	the	the	DET
ajfa-5975	47	22	types	type	NOUN
ajfa-5975	47	23	of	of	ADP
ajfa-5975	47	24	assets	asset	NOUN
ajfa-5975	47	25	bank	bank	PROPN
ajfa-5975	47	26	hold	hold	VERB
ajfa-5975	47	27	to	to	ADP
ajfa-5975	47	28	how	how	SCONJ
ajfa-5975	47	29	they	they	PRON
ajfa-5975	47	30	fund	fund	VERB
ajfa-5975	47	31	themselves	themselves	PRON
ajfa-5975	47	32	to	to	ADP
ajfa-5975	47	33	the	the	DET
ajfa-5975	47	34	source	source	NOUN
ajfa-5975	47	35	of	of	ADP
ajfa-5975	47	36	bank	bank	NOUN
ajfa-5975	47	37	income	income	NOUN
ajfa-5975	47	38	.	.	PUNCT
ajfa-5975	48	1	bord	bord	NOUN
ajfa-5975	48	2	and	and	CCONJ
ajfa-5975	48	3	santos	santos	PROPN
ajfa-5975	48	4	(	(	PUNCT
ajfa-5975	48	5	2012	2012	NUM
ajfa-5975	48	6	)	)	PUNCT
ajfa-5975	48	7	provide	provide	VERB
ajfa-5975	48	8	an	an	DET
ajfa-5975	48	9	account	account	NOUN
ajfa-5975	48	10	of	of	ADP
ajfa-5975	48	11	how	how	SCONJ
ajfa-5975	48	12	banks	bank	NOUN
ajfa-5975	48	13	adopted	adopt	VERB
ajfa-5975	48	14	the	the	DET
ajfa-5975	48	15	originate	originate	NOUN
ajfa-5975	48	16	-	-	PUNCT
ajfa-5975	48	17	to	to	ADP
ajfa-5975	48	18	-	-	PUNCT
ajfa-5975	48	19	distribute	distribute	VERB
ajfa-5975	48	20	model	model	NOUN
ajfa-5975	48	21	in	in	ADP
ajfa-5975	48	22	their	their	PRON
ajfa-5975	48	23	corporate	corporate	ADJ
ajfa-5975	48	24	lending	lending	NOUN
ajfa-5975	48	25	business	business	NOUN
ajfa-5975	48	26	and	and	CCONJ
ajfa-5975	48	27	provide	provide	VERB
ajfa-5975	48	28	evidence	evidence	NOUN
ajfa-5975	48	29	of	of	ADP
ajfa-5975	48	30	the	the	DET
ajfa-5975	48	31	effect	effect	NOUN
ajfa-5975	48	32	that	that	SCONJ
ajfa-5975	48	33	this	this	DET
ajfa-5975	48	34	shift	shift	NOUN
ajfa-5975	48	35	has	have	AUX
ajfa-5975	48	36	had	have	AUX
ajfa-5975	48	37	on	on	ADP
ajfa-5975	48	38	the	the	DET
ajfa-5975	48	39	growth	growth	NOUN
ajfa-5975	48	40	of	of	ADP
ajfa-5975	48	41	nonbank	nonbank	PROPN
ajfa-5975	48	42	financial	financial	ADJ
ajfa-5975	48	43	intermediation	intermediation	NOUN
ajfa-5975	48	44	.	.	PUNCT
ajfa-5975	49	1	thus	thus	ADV
ajfa-5975	49	2	,	,	PUNCT
ajfa-5975	49	3	the	the	DET
ajfa-5975	49	4	originate	originate	NOUN
ajfa-5975	49	5	-	-	PUNCT
ajfa-5975	49	6	to	to	AUX
ajfa-5975	49	7	-	-	PUNCT
ajfa-5975	49	8	distribute	distribute	VERB
ajfa-5975	49	9	model	model	NOUN
ajfa-5975	49	10	has	have	AUX
ajfa-5975	49	11	changed	change	VERB
ajfa-5975	49	12	the	the	DET
ajfa-5975	49	13	credit	credit	NOUN
ajfa-5975	49	14	intermediation	intermediation	NOUN
ajfa-5975	49	15	as	as	SCONJ
ajfa-5975	49	16	these	these	DET
ajfa-5975	49	17	functions	function	NOUN
ajfa-5975	49	18	now	now	ADV
ajfa-5975	49	19	occur	occur	VERB
ajfa-5975	49	20	less	less	ADV
ajfa-5975	49	21	on	on	ADP
ajfa-5975	49	22	bank	bank	NOUN
ajfa-5975	49	23	balance	balance	NOUN
ajfa-5975	49	24	sheets	sheet	NOUN
ajfa-5975	49	25	and	and	CCONJ
ajfa-5975	49	26	more	more	ADJ
ajfa-5975	49	27	in	in	ADP
ajfa-5975	49	28	capital	capital	NOUN
ajfa-5975	49	29	markets	market	NOUN
ajfa-5975	49	30	.	.	PUNCT
ajfa-5975	50	1	as	as	SCONJ
ajfa-5975	50	2	the	the	DET
ajfa-5975	50	3	profitability	profitability	NOUN
ajfa-5975	50	4	of	of	ADP
ajfa-5975	50	5	traditional	traditional	ADJ
ajfa-5975	50	6	banking	banking	NOUN
ajfa-5975	50	7	activities	activity	NOUN
ajfa-5975	50	8	has	have	AUX
ajfa-5975	50	9	,	,	PUNCT
ajfa-5975	50	10	for	for	ADP
ajfa-5975	50	11	a	a	DET
ajfa-5975	50	12	wide	wide	ADJ
ajfa-5975	50	13	variety	variety	NOUN
ajfa-5975	50	14	of	of	ADP
ajfa-5975	50	15	reasons	reason	NOUN
ajfa-5975	50	16	,	,	PUNCT
ajfa-5975	50	17	come	come	VERB
ajfa-5975	50	18	under	under	ADP
ajfa-5975	50	19	pressure	pressure	NOUN
ajfa-5975	50	20	in	in	ADP
ajfa-5975	50	21	recent	recent	ADJ
ajfa-5975	50	22	years	year	NOUN
ajfa-5975	50	23	,	,	PUNCT
ajfa-5975	50	24	fee	fee	NOUN
ajfa-5975	50	25	-	-	PUNCT
ajfa-5975	50	26	earning	earn	VERB
ajfa-5975	50	27	activities	activity	NOUN
ajfa-5975	50	28	have	have	AUX
ajfa-5975	50	29	greatly	greatly	ADV
ajfa-5975	50	30	increased	increase	VERB
ajfa-5975	50	31	their	their	PRON
ajfa-5975	50	32	contribution	contribution	NOUN
ajfa-5975	50	33	to	to	ADP
ajfa-5975	50	34	bank	bank	NOUN
ajfa-5975	50	35	profits	profit	NOUN
ajfa-5975	50	36	.	.	PUNCT
ajfa-5975	51	1	further	far	ADV
ajfa-5975	51	2	,	,	PUNCT
ajfa-5975	51	3	lepetit	lepetit	PROPN
ajfa-5975	51	4	et	et	PROPN
ajfa-5975	51	5	al	al	PROPN
ajfa-5975	51	6	,	,	PUNCT
ajfa-5975	51	7	(	(	PUNCT
ajfa-5975	51	8	2007	2007	NUM
ajfa-5975	51	9	)	)	PUNCT
ajfa-5975	51	10	indicated	indicate	VERB
ajfa-5975	51	11	that	that	SCONJ
ajfa-5975	51	12	as	as	ADP
ajfa-5975	51	13	a	a	DET
ajfa-5975	51	14	result	result	NOUN
ajfa-5975	51	15	of	of	ADP
ajfa-5975	51	16	deregulation	deregulation	NOUN
ajfa-5975	51	17	and	and	CCONJ
ajfa-5975	51	18	the	the	DET
ajfa-5975	51	19	adoption	adoption	NOUN
ajfa-5975	51	20	of	of	ADP
ajfa-5975	51	21	universal	universal	ADJ
ajfa-5975	51	22	banking	banking	NOUN
ajfa-5975	51	23	principles	principle	NOUN
ajfa-5975	51	24	commercial	commercial	ADJ
ajfa-5975	51	25	banks	bank	NOUN
ajfa-5975	51	26	can	can	AUX
ajfa-5975	51	27	compete	compete	VERB
ajfa-5975	51	28	on	on	ADP
ajfa-5975	51	29	a	a	DET
ajfa-5975	51	30	wider	wide	ADJ
ajfa-5975	51	31	range	range	NOUN
ajfa-5975	51	32	of	of	ADP
ajfa-5975	51	33	market	market	NOUN
ajfa-5975	51	34	segments	segment	NOUN
ajfa-5975	51	35	.	.	PUNCT
ajfa-5975	52	1	additionally	additionally	ADV
ajfa-5975	52	2	,	,	PUNCT
ajfa-5975	52	3	hale	hale	PROPN
ajfa-5975	52	4	and	and	CCONJ
ajfa-5975	52	5	santos	santos	PROPN
ajfa-5975	52	6	(	(	PUNCT
ajfa-5975	52	7	2009	2009	NUM
ajfa-5975	52	8	)	)	PUNCT
ajfa-5975	52	9	are	be	AUX
ajfa-5975	52	10	of	of	ADP
ajfa-5975	52	11	the	the	DET
ajfa-5975	52	12	view	view	NOUN
ajfa-5975	52	13	that	that	SCONJ
ajfa-5975	52	14	banks	bank	NOUN
ajfa-5975	52	15	no	no	ADV
ajfa-5975	52	16	longer	long	ADV
ajfa-5975	52	17	hold	hold	VERB
ajfa-5975	52	18	the	the	DET
ajfa-5975	52	19	loans	loan	NOUN
ajfa-5975	52	20	they	they	PRON
ajfa-5975	52	21	generate	generate	VERB
ajfa-5975	52	22	and	and	CCONJ
ajfa-5975	52	23	originate	originate	VERB
ajfa-5975	52	24	as	as	ADP
ajfa-5975	52	25	investment	investment	NOUN
ajfa-5975	52	26	but	but	CCONJ
ajfa-5975	52	27	sell	sell	VERB
ajfa-5975	52	28	these	these	DET
ajfa-5975	52	29	loans	loan	NOUN
ajfa-5975	52	30	to	to	ADP
ajfa-5975	52	31	brokers	broker	NOUN
ajfa-5975	52	32	to	to	PART
ajfa-5975	52	33	get	get	VERB
ajfa-5975	52	34	liquidity	liquidity	NOUN
ajfa-5975	52	35	and	and	CCONJ
ajfa-5975	52	36	increased	increase	VERB
ajfa-5975	52	37	fee	fee	NOUN
ajfa-5975	52	38	income	income	NOUN
ajfa-5975	52	39	.	.	PUNCT
ajfa-5975	53	1	however	however	ADV
ajfa-5975	53	2	,	,	PUNCT
ajfa-5975	53	3	these	these	DET
ajfa-5975	53	4	in	in	ADP
ajfa-5975	53	5	turn	turn	NOUN
ajfa-5975	53	6	pool	pool	NOUN
ajfa-5975	53	7	banks	bank	NOUN
ajfa-5975	53	8	to	to	PART
ajfa-5975	53	9	issue	issue	VERB
ajfa-5975	53	10	securities	security	NOUN
ajfa-5975	53	11	which	which	PRON
ajfa-5975	53	12	are	be	AUX
ajfa-5975	53	13	distributed	distribute	VERB
ajfa-5975	53	14	to	to	ADP
ajfa-5975	53	15	a	a	DET
ajfa-5975	53	16	range	range	NOUN
ajfa-5975	53	17	of	of	ADP
ajfa-5975	53	18	investors	investor	NOUN
ajfa-5975	53	19	with	with	ADP
ajfa-5975	53	20	a	a	DET
ajfa-5975	53	21	different	different	ADJ
ajfa-5975	53	22	set	set	NOUN
ajfa-5975	53	23	of	of	ADP
ajfa-5975	53	24	risk	risk	NOUN
ajfa-5975	53	25	characteristics	characteristic	NOUN
ajfa-5975	53	26	.	.	PUNCT
ajfa-5975	54	1	thus	thus	ADV
ajfa-5975	54	2	,	,	PUNCT
ajfa-5975	54	3	with	with	ADP
ajfa-5975	54	4	the	the	DET
ajfa-5975	54	5	shift	shift	NOUN
ajfa-5975	54	6	to	to	ADP
ajfa-5975	54	7	noninterest	noninter	ADJ
ajfa-5975	54	8	income	income	NOUN
ajfa-5975	54	9	came	come	VERB
ajfa-5975	54	10	a	a	DET
ajfa-5975	54	11	different	different	ADJ
ajfa-5975	54	12	set	set	NOUN
ajfa-5975	54	13	of	of	ADP
ajfa-5975	54	14	risk	risk	NOUN
ajfa-5975	54	15	characteristics	characteristic	NOUN
ajfa-5975	54	16	that	that	PRON
ajfa-5975	54	17	pose	pose	VERB
ajfa-5975	54	18	a	a	DET
ajfa-5975	54	19	threat	threat	NOUN
ajfa-5975	54	20	to	to	ADP
ajfa-5975	54	21	financial	financial	ADJ
ajfa-5975	54	22	stability	stability	NOUN
ajfa-5975	54	23	as	as	SCONJ
ajfa-5975	54	24	was	be	AUX
ajfa-5975	54	25	witnessed	witness	VERB
ajfa-5975	54	26	in	in	ADP
ajfa-5975	54	27	the	the	DET
ajfa-5975	54	28	2007	2007	NUM
ajfa-5975	54	29	-	-	SYM
ajfa-5975	54	30	2010	2010	NUM
ajfa-5975	54	31	financial	financial	ADJ
ajfa-5975	54	32	crisis	crisis	NOUN
ajfa-5975	54	33	(	(	PUNCT
ajfa-5975	54	34	griffiths	griffiths	PROPN
ajfa-5975	54	35	,	,	PUNCT
ajfa-5975	54	36	2011	2011	NUM
ajfa-5975	54	37	)	)	PUNCT
ajfa-5975	54	38	.	.	PUNCT
ajfa-5975	55	1	an	an	DET
ajfa-5975	55	2	alternative	alternative	ADJ
ajfa-5975	55	3	way	way	NOUN
ajfa-5975	55	4	of	of	ADP
ajfa-5975	55	5	viewing	view	VERB
ajfa-5975	55	6	the	the	DET
ajfa-5975	55	7	banks	bank	NOUN
ajfa-5975	55	8	’	'	PUNCT
ajfa-5975	55	9	shift	shift	NOUN
ajfa-5975	55	10	to	to	ADP
ajfa-5975	55	11	non	non	ADJ
ajfa-5975	55	12	-	-	ADJ
ajfa-5975	55	13	traditional	traditional	ADJ
ajfa-5975	55	14	banking	banking	NOUN
ajfa-5975	55	15	activities	activity	NOUN
ajfa-5975	55	16	is	be	AUX
ajfa-5975	55	17	by	by	ADP
ajfa-5975	55	18	looking	look	VERB
ajfa-5975	55	19	at	at	ADP
ajfa-5975	55	20	the	the	DET
ajfa-5975	55	21	size	size	NOUN
ajfa-5975	55	22	of	of	ADP
ajfa-5975	55	23	the	the	DET
ajfa-5975	55	24	banks	bank	NOUN
ajfa-5975	55	25	’	'	PUNCT
ajfa-5975	55	26	balance	balance	NOUN
ajfa-5975	55	27	sheet	sheet	NOUN
ajfa-5975	55	28	in	in	ADP
ajfa-5975	55	29	relation	relation	NOUN
ajfa-5975	55	30	to	to	ADP
ajfa-5975	55	31	the	the	DET
ajfa-5975	55	32	balance	balance	NOUN
ajfa-5975	55	33	sheets	sheet	NOUN
ajfa-5975	55	34	of	of	ADP
ajfa-5975	55	35	other	other	ADJ
ajfa-5975	55	36	financial	financial	ADJ
ajfa-5975	55	37	intermediaries	intermediary	NOUN
ajfa-5975	55	38	(	(	PUNCT
ajfa-5975	55	39	edwards	edwards	PROPN
ajfa-5975	55	40	and	and	CCONJ
ajfa-5975	55	41	mishkin	mishkin	NOUN
ajfa-5975	55	42	,	,	PUNCT
ajfa-5975	55	43	1995	1995	NUM
ajfa-5975	55	44	)	)	PUNCT
ajfa-5975	55	45	.	.	PUNCT
ajfa-5975	56	1	in	in	ADP
ajfa-5975	56	2	this	this	DET
ajfa-5975	56	3	context	context	NOUN
ajfa-5975	56	4	,	,	PUNCT
ajfa-5975	56	5	a	a	DET
ajfa-5975	56	6	reduction	reduction	NOUN
ajfa-5975	56	7	in	in	ADP
ajfa-5975	56	8	balance	balance	NOUN
ajfa-5975	56	9	sheet	sheet	NOUN
ajfa-5975	56	10	size	size	NOUN
ajfa-5975	56	11	is	be	AUX
ajfa-5975	56	12	observed	observe	VERB
ajfa-5975	56	13	.	.	PUNCT
ajfa-5975	57	1	however	however	ADV
ajfa-5975	57	2	,	,	PUNCT
ajfa-5975	57	3	as	as	SCONJ
ajfa-5975	57	4	argued	argue	VERB
ajfa-5975	57	5	by	by	ADP
ajfa-5975	57	6	boyd	boyd	NOUN
ajfa-5975	57	7	and	and	CCONJ
ajfa-5975	57	8	gertler	gertler	NOUN
ajfa-5975	57	9	(	(	PUNCT
ajfa-5975	57	10	1994	1994	NUM
ajfa-5975	57	11	)	)	PUNCT
ajfa-5975	57	12	and	and	CCONJ
ajfa-5975	57	13	later	later	ADV
ajfa-5975	57	14	by	by	ADP
ajfa-5975	57	15	edwards	edwards	PROPN
ajfa-5975	57	16	and	and	CCONJ
ajfa-5975	57	17	mishkin	mishkin	PROPN
ajfa-5975	57	18	(	(	PUNCT
ajfa-5975	57	19	1995	1995	NUM
ajfa-5975	57	20	)	)	PUNCT
ajfa-5975	57	21	the	the	DET
ajfa-5975	57	22	reduction	reduction	NOUN
ajfa-5975	57	23	in	in	ADP
ajfa-5975	57	24	bank	bank	NOUN
ajfa-5975	57	25	balance	balance	NOUN
ajfa-5975	57	26	sheet	sheet	NOUN
ajfa-5975	57	27	size	size	NOUN
ajfa-5975	57	28	of	of	ADP
ajfa-5975	57	29	the	the	DET
ajfa-5975	57	30	banking	banking	NOUN
ajfa-5975	57	31	industry	industry	NOUN
ajfa-5975	57	32	is	be	AUX
ajfa-5975	57	33	not	not	PART
ajfa-5975	57	34	an	an	DET
ajfa-5975	57	35	indication	indication	NOUN
ajfa-5975	57	36	of	of	ADP
ajfa-5975	57	37	a	a	DET
ajfa-5975	57	38	decline	decline	NOUN
ajfa-5975	57	39	in	in	ADP
ajfa-5975	57	40	banking	banking	NOUN
ajfa-5975	57	41	industry	industry	NOUN
ajfa-5975	57	42	but	but	CCONJ
ajfa-5975	57	43	an	an	DET
ajfa-5975	57	44	increase	increase	NOUN
ajfa-5975	57	45	in	in	ADP
ajfa-5975	57	46	off	off	ADP
ajfa-5975	57	47	-	-	PUNCT
ajfa-5975	57	48	balance	balance	NOUN
ajfa-5975	57	49	-	-	PUNCT
ajfa-5975	57	50	activities	activity	NOUN
ajfa-5975	57	51	.	.	PUNCT
ajfa-5975	58	1	this	this	PRON
ajfa-5975	58	2	is	be	AUX
ajfa-5975	58	3	in	in	ADP
ajfa-5975	58	4	support	support	NOUN
ajfa-5975	58	5	of	of	ADP
ajfa-5975	58	6	kaufman	kaufman	PROPN
ajfa-5975	58	7	and	and	CCONJ
ajfa-5975	58	8	mote	mote	PROPN
ajfa-5975	58	9	(	(	PUNCT
ajfa-5975	58	10	1994	1994	NUM
ajfa-5975	58	11	)	)	PUNCT
ajfa-5975	58	12	and	and	CCONJ
ajfa-5975	58	13	smith	smith	NOUN
ajfa-5975	58	14	and	and	CCONJ
ajfa-5975	58	15	wood	wood	NOUN
ajfa-5975	58	16	(	(	PUNCT
ajfa-5975	58	17	2003	2003	NUM
ajfa-5975	58	18	)	)	PUNCT
ajfa-5975	58	19	who	who	PRON
ajfa-5975	58	20	argue	argue	VERB
ajfa-5975	58	21	that	that	SCONJ
ajfa-5975	58	22	the	the	DET
ajfa-5975	58	23	banking	banking	NOUN
ajfa-5975	58	24	industry	industry	NOUN
ajfa-5975	58	25	is	be	AUX
ajfa-5975	58	26	not	not	PART
ajfa-5975	58	27	actually	actually	ADV
ajfa-5975	58	28	declining	decline	VERB
ajfa-5975	58	29	in	in	ADP
ajfa-5975	58	30	any	any	DET
ajfa-5975	58	31	meaningful	meaningful	ADJ
ajfa-5975	58	32	economic	economic	ADJ
ajfa-5975	58	33	sense	sense	NOUN
ajfa-5975	58	34	;	;	PUNCT
ajfa-5975	58	35	rather	rather	ADV
ajfa-5975	58	36	,	,	PUNCT
ajfa-5975	58	37	the	the	DET
ajfa-5975	58	38	nature	nature	NOUN
ajfa-5975	58	39	of	of	ADP
ajfa-5975	58	40	its	its	PRON
ajfa-5975	58	41	intermediation	intermediation	NOUN
ajfa-5975	58	42	activity	activity	NOUN
ajfa-5975	58	43	is	be	AUX
ajfa-5975	58	44	changing	change	VERB
ajfa-5975	58	45	and	and	CCONJ
ajfa-5975	58	46	is	be	AUX
ajfa-5975	58	47	now	now	ADV
ajfa-5975	58	48	dominated	dominate	VERB
ajfa-5975	58	49	by	by	ADP
ajfa-5975	58	50	the	the	DET
ajfa-5975	58	51	originate	originate	NOUN
ajfa-5975	58	52	-	-	PUNCT
ajfa-5975	58	53	to	to	ADP
ajfa-5975	58	54	-	-	PUNCT
ajfa-5975	58	55	distribute	distribute	VERB
ajfa-5975	58	56	model	model	NOUN
ajfa-5975	58	57	.	.	PUNCT
ajfa-5975	59	1	a	a	DET
ajfa-5975	59	2	further	further	ADJ
ajfa-5975	59	3	issue	issue	NOUN
ajfa-5975	59	4	to	to	PART
ajfa-5975	59	5	consider	consider	VERB
ajfa-5975	59	6	in	in	ADP
ajfa-5975	59	7	relation	relation	NOUN
ajfa-5975	59	8	to	to	ADP
ajfa-5975	59	9	changing	change	VERB
ajfa-5975	59	10	bank	bank	NOUN
ajfa-5975	59	11	income	income	NOUN
ajfa-5975	59	12	structure	structure	NOUN
ajfa-5975	59	13	is	be	AUX
ajfa-5975	59	14	the	the	DET
ajfa-5975	59	15	issue	issue	NOUN
ajfa-5975	59	16	of	of	ADP
ajfa-5975	59	17	measurement	measurement	NOUN
ajfa-5975	59	18	.	.	PUNCT
ajfa-5975	60	1	the	the	DET
ajfa-5975	60	2	measurement	measurement	NOUN
ajfa-5975	60	3	of	of	ADP
ajfa-5975	60	4	the	the	DET
ajfa-5975	60	5	shift	shift	NOUN
ajfa-5975	60	6	from	from	ADP
ajfa-5975	60	7	traditional	traditional	ADJ
ajfa-5975	60	8	banking	banking	NOUN
ajfa-5975	60	9	activities	activity	NOUN
ajfa-5975	60	10	to	to	ADP
ajfa-5975	60	11	non	non	ADJ
ajfa-5975	60	12	traditional	traditional	ADJ
ajfa-5975	60	13	banking	banking	NOUN
ajfa-5975	60	14	activities	activity	NOUN
ajfa-5975	60	15	is	be	AUX
ajfa-5975	60	16	not	not	PART
ajfa-5975	60	17	clear	clear	ADJ
ajfa-5975	60	18	cut	cut	VERB
ajfa-5975	60	19	.	.	PUNCT
ajfa-5975	61	1	edwards	edwards	PROPN
ajfa-5975	61	2	and	and	CCONJ
ajfa-5975	61	3	mishkin	mishkin	PROPN
ajfa-5975	61	4	(	(	PUNCT
ajfa-5975	61	5	1995	1995	NUM
ajfa-5975	61	6	)	)	PUNCT
ajfa-5975	61	7	argue	argue	VERB
ajfa-5975	61	8	that	that	SCONJ
ajfa-5975	61	9	the	the	DET
ajfa-5975	61	10	standard	standard	ADJ
ajfa-5975	61	11	measures	measure	NOUN
ajfa-5975	61	12	of	of	ADP
ajfa-5975	61	13	profitability	profitability	NOUN
ajfa-5975	61	14	such	such	ADJ
ajfa-5975	61	15	as	as	ADP
ajfa-5975	61	16	pre	pre	ADJ
ajfa-5975	61	17	-	-	ADJ
ajfa-5975	61	18	tax	tax	ADJ
ajfa-5975	61	19	rates	rate	NOUN
ajfa-5975	61	20	of	of	ADP
ajfa-5975	61	21	return	return	NOUN
ajfa-5975	61	22	on	on	ADP
ajfa-5975	61	23	assets	asset	NOUN
ajfa-5975	61	24	and	and	CCONJ
ajfa-5975	61	25	equity	equity	NOUN
ajfa-5975	61	26	do	do	AUX
ajfa-5975	61	27	not	not	PART
ajfa-5975	61	28	provide	provide	VERB
ajfa-5975	61	29	a	a	DET
ajfa-5975	61	30	clear	clear	ADJ
ajfa-5975	61	31	trend	trend	NOUN
ajfa-5975	61	32	in	in	ADP
ajfa-5975	61	33	bank	bank	NOUN
ajfa-5975	61	34	profitability	profitability	NOUN
ajfa-5975	61	35	as	as	SCONJ
ajfa-5975	61	36	overall	overall	ADJ
ajfa-5975	61	37	bank	bank	NOUN
ajfa-5975	61	38	profitability	profitability	NOUN
ajfa-5975	61	39	includes	include	VERB
ajfa-5975	61	40	increasingly	increasingly	ADV
ajfa-5975	61	41	important	important	ADJ
ajfa-5975	61	42	non	non	ADJ
ajfa-5975	61	43	-	-	ADJ
ajfa-5975	61	44	traditional	traditional	ADJ
ajfa-5975	61	45	business	business	NOUN
ajfa-5975	61	46	of	of	ADP
ajfa-5975	61	47	banks	bank	NOUN
ajfa-5975	61	48	.	.	PUNCT
ajfa-5975	62	1	this	this	DET
ajfa-5975	62	2	paper	paper	NOUN
ajfa-5975	62	3	build	build	NOUN
ajfa-5975	62	4	on	on	ADP
ajfa-5975	62	5	edwards	edwards	PROPN
ajfa-5975	62	6	and	and	CCONJ
ajfa-5975	62	7	mishkin	mishkin	PROPN
ajfa-5975	62	8	’s	’s	PART
ajfa-5975	62	9	(	(	PUNCT
ajfa-5975	62	10	1995	1995	NUM
ajfa-5975	62	11	)	)	PUNCT
ajfa-5975	62	12	study	study	NOUN
ajfa-5975	62	13	and	and	CCONJ
ajfa-5975	62	14	davies	davy	NOUN
ajfa-5975	62	15	and	and	CCONJ
ajfa-5975	62	16	tuori	tuori	PROPN
ajfa-5975	62	17	’s	’s	PART
ajfa-5975	63	1	(	(	PUNCT
ajfa-5975	63	2	2000	2000	NUM
ajfa-5975	63	3	)	)	PUNCT
ajfa-5975	63	4	argument	argument	NOUN
ajfa-5975	63	5	that	that	SCONJ
ajfa-5975	63	6	the	the	DET
ajfa-5975	63	7	income	income	NOUN
ajfa-5975	63	8	structure	structure	NOUN
ajfa-5975	63	9	is	be	AUX
ajfa-5975	63	10	considered	consider	VERB
ajfa-5975	63	11	to	to	PART
ajfa-5975	63	12	be	be	AUX
ajfa-5975	63	13	a	a	DET
ajfa-5975	63	14	particularly	particularly	ADV
ajfa-5975	63	15	fruitful	fruitful	ADJ
ajfa-5975	63	16	area	area	NOUN
ajfa-5975	63	17	to	to	PART
ajfa-5975	63	18	look	look	VERB
ajfa-5975	63	19	for	for	ADP
ajfa-5975	63	20	indications	indication	NOUN
ajfa-5975	63	21	of	of	ADP
ajfa-5975	63	22	changes	change	NOUN
ajfa-5975	63	23	in	in	ADP
ajfa-5975	63	24	the	the	DET
ajfa-5975	63	25	nature	nature	NOUN
ajfa-5975	63	26	of	of	ADP
ajfa-5975	63	27	the	the	DET
ajfa-5975	63	28	banking	banking	NOUN
ajfa-5975	63	29	industry	industry	NOUN
ajfa-5975	63	30	.	.	PUNCT
ajfa-5975	64	1	we	we	PRON
ajfa-5975	64	2	use	use	VERB
ajfa-5975	64	3	the	the	DET
ajfa-5975	64	4	crude	crude	ADJ
ajfa-5975	64	5	measure	measure	NOUN
ajfa-5975	64	6	of	of	ADP
ajfa-5975	64	7	profitability	profitability	NOUN
ajfa-5975	64	8	where	where	SCONJ
ajfa-5975	64	9	we	we	PRON
ajfa-5975	64	10	single	single	VERB
ajfa-5975	64	11	out	out	ADP
ajfa-5975	64	12	noninterest	noninter	ADJ
ajfa-5975	64	13	income	income	NOUN
ajfa-5975	64	14	from	from	ADP
ajfa-5975	64	15	total	total	ADJ
ajfa-5975	64	16	earnings	earning	NOUN
ajfa-5975	64	17	since	since	SCONJ
ajfa-5975	64	18	much	much	ADJ
ajfa-5975	64	19	of	of	ADP
ajfa-5975	64	20	this	this	DET
ajfa-5975	64	21	income	income	NOUN
ajfa-5975	64	22	comes	come	VERB
ajfa-5975	64	23	from	from	ADP
ajfa-5975	64	24	non	non	ADJ
ajfa-5975	64	25	-	-	ADJ
ajfa-5975	64	26	traditional	traditional	ADJ
ajfa-5975	64	27	activities	activity	NOUN
ajfa-5975	64	28	.	.	PUNCT
ajfa-5975	65	1	asian	asian	ADJ
ajfa-5975	65	2	journal	journal	PROPN
ajfa-5975	65	3	of	of	ADP
ajfa-5975	65	4	finance	finance	PROPN
ajfa-5975	65	5	&	&	CCONJ
ajfa-5975	65	6	accounting	accounting	PROPN
ajfa-5975	65	7	issn	issn	PROPN
ajfa-5975	65	8	1946	1946	NUM
ajfa-5975	65	9	-	-	PUNCT
ajfa-5975	65	10	052x	052x	PROPN
ajfa-5975	65	11	2014	2014	NUM
ajfa-5975	65	12	,	,	PUNCT
ajfa-5975	65	13	vol	vol	NOUN
ajfa-5975	65	14	.	.	PROPN
ajfa-5975	65	15	6	6	NUM
ajfa-5975	65	16	,	,	PUNCT
ajfa-5975	65	17	no	no	INTJ
ajfa-5975	65	18	.	.	NOUN
ajfa-5975	65	19	2	2	NUM
ajfa-5975	65	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	65	21	200	200	NUM
ajfa-5975	65	22	from	from	ADP
ajfa-5975	65	23	a	a	DET
ajfa-5975	65	24	bank	bank	NOUN
ajfa-5975	65	25	safety	safety	NOUN
ajfa-5975	65	26	and	and	CCONJ
ajfa-5975	65	27	stability	stability	NOUN
ajfa-5975	65	28	perspective	perspective	NOUN
ajfa-5975	65	29	,	,	PUNCT
ajfa-5975	65	30	numerous	numerous	ADJ
ajfa-5975	65	31	studies	study	NOUN
ajfa-5975	65	32	have	have	AUX
ajfa-5975	65	33	investigated	investigate	VERB
ajfa-5975	65	34	the	the	DET
ajfa-5975	65	35	implications	implication	NOUN
ajfa-5975	65	36	that	that	SCONJ
ajfa-5975	65	37	the	the	DET
ajfa-5975	65	38	adoption	adoption	NOUN
ajfa-5975	65	39	of	of	ADP
ajfa-5975	65	40	universal	universal	ADJ
ajfa-5975	65	41	banks	bank	NOUN
ajfa-5975	65	42	have	have	VERB
ajfa-5975	65	43	on	on	ADP
ajfa-5975	65	44	bank	bank	NOUN
ajfa-5975	65	45	risk	risk	NOUN
ajfa-5975	65	46	,	,	PUNCT
ajfa-5975	65	47	the	the	DET
ajfa-5975	65	48	safety	safety	NOUN
ajfa-5975	65	49	and	and	CCONJ
ajfa-5975	65	50	soundness	soundness	NOUN
ajfa-5975	65	51	of	of	ADP
ajfa-5975	65	52	the	the	DET
ajfa-5975	65	53	banking	banking	NOUN
ajfa-5975	65	54	system	system	NOUN
ajfa-5975	65	55	as	as	ADV
ajfa-5975	65	56	well	well	ADV
ajfa-5975	65	57	as	as	ADP
ajfa-5975	65	58	the	the	DET
ajfa-5975	65	59	implications	implication	NOUN
ajfa-5975	65	60	for	for	ADP
ajfa-5975	65	61	the	the	DET
ajfa-5975	65	62	supervisory	supervisory	ADJ
ajfa-5975	65	63	authorities	authority	NOUN
ajfa-5975	65	64	(	(	PUNCT
ajfa-5975	65	65	see	see	VERB
ajfa-5975	65	66	:	:	PUNCT
ajfa-5975	65	67	de	de	X
ajfa-5975	65	68	young	young	ADJ
ajfa-5975	65	69	and	and	CCONJ
ajfa-5975	65	70	roland	roland	ADJ
ajfa-5975	65	71	,	,	PUNCT
ajfa-5975	65	72	2001	2001	NUM
ajfa-5975	65	73	;	;	PUNCT
ajfa-5975	65	74	stiroh	stiroh	NOUN
ajfa-5975	65	75	and	and	CCONJ
ajfa-5975	65	76	ruble	ruble	NOUN
ajfa-5975	65	77	,	,	PUNCT
ajfa-5975	65	78	2004	2004	NUM
ajfa-5975	65	79	)	)	PUNCT
ajfa-5975	65	80	.	.	PUNCT
ajfa-5975	66	1	stiroh	stiroh	VERB
ajfa-5975	66	2	and	and	CCONJ
ajfa-5975	66	3	rumble	rumble	ADJ
ajfa-5975	66	4	(	(	PUNCT
ajfa-5975	66	5	2006	2006	NUM
ajfa-5975	66	6	)	)	PUNCT
ajfa-5975	66	7	argue	argue	VERB
ajfa-5975	66	8	that	that	SCONJ
ajfa-5975	66	9	when	when	SCONJ
ajfa-5975	66	10	banks	bank	NOUN
ajfa-5975	66	11	move	move	VERB
ajfa-5975	66	12	into	into	ADP
ajfa-5975	66	13	fee	fee	NOUN
ajfa-5975	66	14	income	income	NOUN
ajfa-5975	66	15	earning	earning	NOUN
ajfa-5975	66	16	activities	activity	NOUN
ajfa-5975	66	17	,	,	PUNCT
ajfa-5975	66	18	sometimes	sometimes	ADV
ajfa-5975	66	19	the	the	DET
ajfa-5975	66	20	diversification	diversification	NOUN
ajfa-5975	66	21	gains	gain	NOUN
ajfa-5975	66	22	are	be	AUX
ajfa-5975	66	23	more	more	ADV
ajfa-5975	66	24	than	than	ADP
ajfa-5975	66	25	offset	offset	VERB
ajfa-5975	66	26	by	by	ADP
ajfa-5975	66	27	the	the	DET
ajfa-5975	66	28	costs	cost	NOUN
ajfa-5975	66	29	of	of	ADP
ajfa-5975	66	30	increased	increase	VERB
ajfa-5975	66	31	exposure	exposure	NOUN
ajfa-5975	66	32	to	to	ADP
ajfa-5975	66	33	volatile	volatile	ADJ
ajfa-5975	66	34	activities	activity	NOUN
ajfa-5975	66	35	and	and	CCONJ
ajfa-5975	66	36	this	this	PRON
ajfa-5975	66	37	represent	represent	VERB
ajfa-5975	66	38	the	the	DET
ajfa-5975	66	39	dark	dark	ADJ
ajfa-5975	66	40	side	side	NOUN
ajfa-5975	66	41	of	of	ADP
ajfa-5975	66	42	diversification	diversification	NOUN
ajfa-5975	66	43	and	and	CCONJ
ajfa-5975	66	44	this	this	PRON
ajfa-5975	66	45	has	have	VERB
ajfa-5975	66	46	implications	implication	NOUN
ajfa-5975	66	47	for	for	ADP
ajfa-5975	66	48	supervisors	supervisor	NOUN
ajfa-5975	66	49	,	,	PUNCT
ajfa-5975	66	50	managers	manager	NOUN
ajfa-5975	66	51	,	,	PUNCT
ajfa-5975	66	52	investors	investor	NOUN
ajfa-5975	66	53	and	and	CCONJ
ajfa-5975	66	54	borrowers	borrower	NOUN
ajfa-5975	66	55	.	.	PUNCT
ajfa-5975	67	1	however	however	ADV
ajfa-5975	67	2	the	the	DET
ajfa-5975	67	3	authors	author	NOUN
ajfa-5975	67	4	argue	argue	VERB
ajfa-5975	67	5	that	that	SCONJ
ajfa-5975	67	6	in	in	ADP
ajfa-5975	67	7	the	the	DET
ajfa-5975	67	8	us	us	PROPN
ajfa-5975	67	9	banks	bank	NOUN
ajfa-5975	67	10	are	be	AUX
ajfa-5975	67	11	now	now	ADV
ajfa-5975	67	12	aware	aware	ADJ
ajfa-5975	67	13	of	of	ADP
ajfa-5975	67	14	the	the	DET
ajfa-5975	67	15	limitations	limitation	NOUN
ajfa-5975	67	16	of	of	ADP
ajfa-5975	67	17	the	the	DET
ajfa-5975	67	18	expansion	expansion	NOUN
ajfa-5975	67	19	into	into	ADP
ajfa-5975	67	20	non	non	ADJ
ajfa-5975	67	21	-	-	ADJ
ajfa-5975	67	22	traditional	traditional	ADJ
ajfa-5975	67	23	banking	banking	NOUN
ajfa-5975	67	24	activities	activity	NOUN
ajfa-5975	67	25	and	and	CCONJ
ajfa-5975	67	26	are	be	AUX
ajfa-5975	67	27	reverting	revert	VERB
ajfa-5975	67	28	back	back	ADV
ajfa-5975	67	29	to	to	ADP
ajfa-5975	67	30	the	the	DET
ajfa-5975	67	31	core	core	NOUN
ajfa-5975	67	32	banking	banking	NOUN
ajfa-5975	67	33	competencies	competency	NOUN
ajfa-5975	67	34	and	and	CCONJ
ajfa-5975	67	35	in	in	ADP
ajfa-5975	67	36	the	the	DET
ajfa-5975	67	37	process	process	NOUN
ajfa-5975	67	38	avoiding	avoid	VERB
ajfa-5975	67	39	products	product	NOUN
ajfa-5975	67	40	that	that	PRON
ajfa-5975	67	41	adversely	adversely	ADV
ajfa-5975	67	42	affect	affect	VERB
ajfa-5975	67	43	their	their	PRON
ajfa-5975	67	44	bottom	bottom	ADJ
ajfa-5975	67	45	line	line	NOUN
ajfa-5975	67	46	.	.	PUNCT
ajfa-5975	68	1	while	while	SCONJ
ajfa-5975	68	2	much	much	ADJ
ajfa-5975	68	3	work	work	NOUN
ajfa-5975	68	4	has	have	AUX
ajfa-5975	68	5	been	be	AUX
ajfa-5975	68	6	done	do	VERB
ajfa-5975	68	7	on	on	ADP
ajfa-5975	68	8	the	the	DET
ajfa-5975	68	9	decline	decline	NOUN
ajfa-5975	68	10	of	of	ADP
ajfa-5975	68	11	traditional	traditional	ADJ
ajfa-5975	68	12	banking	banking	NOUN
ajfa-5975	68	13	and	and	CCONJ
ajfa-5975	68	14	the	the	DET
ajfa-5975	68	15	analysis	analysis	NOUN
ajfa-5975	68	16	of	of	ADP
ajfa-5975	68	17	interest	interest	NOUN
ajfa-5975	68	18	income	income	NOUN
ajfa-5975	68	19	and	and	CCONJ
ajfa-5975	68	20	noninterest	noninter	ADJ
ajfa-5975	68	21	income	income	NOUN
ajfa-5975	68	22	in	in	ADP
ajfa-5975	68	23	the	the	DET
ajfa-5975	68	24	us	us	PROPN
ajfa-5975	68	25	,	,	PUNCT
ajfa-5975	68	26	this	this	PRON
ajfa-5975	68	27	is	be	AUX
ajfa-5975	68	28	the	the	DET
ajfa-5975	68	29	first	first	ADJ
ajfa-5975	68	30	study	study	NOUN
ajfa-5975	68	31	in	in	ADP
ajfa-5975	68	32	the	the	DET
ajfa-5975	68	33	uk	uk	PROPN
ajfa-5975	68	34	to	to	PART
ajfa-5975	68	35	examine	examine	VERB
ajfa-5975	68	36	the	the	DET
ajfa-5975	68	37	interest	interest	NOUN
ajfa-5975	68	38	income	income	NOUN
ajfa-5975	68	39	and	and	CCONJ
ajfa-5975	68	40	noninterest	noninter	ADJ
ajfa-5975	68	41	income	income	NOUN
ajfa-5975	68	42	trends	trend	NOUN
ajfa-5975	68	43	that	that	PRON
ajfa-5975	68	44	covers	cover	VERB
ajfa-5975	68	45	the	the	DET
ajfa-5975	68	46	periods	period	NOUN
ajfa-5975	68	47	since	since	SCONJ
ajfa-5975	68	48	the	the	DET
ajfa-5975	68	49	1986	1986	NUM
ajfa-5975	68	50	deregulation	deregulation	NOUN
ajfa-5975	68	51	as	as	ADV
ajfa-5975	68	52	well	well	ADV
ajfa-5975	68	53	as	as	ADP
ajfa-5975	68	54	the	the	DET
ajfa-5975	68	55	recent	recent	ADJ
ajfa-5975	68	56	financial	financial	ADJ
ajfa-5975	68	57	crisis	crisis	NOUN
ajfa-5975	68	58	.	.	PUNCT
ajfa-5975	69	1	we	we	PRON
ajfa-5975	69	2	also	also	ADV
ajfa-5975	69	3	follow	follow	VERB
ajfa-5975	69	4	edwards	edwards	PROPN
ajfa-5975	69	5	and	and	CCONJ
ajfa-5975	69	6	mishkin	mishkin	PROPN
ajfa-5975	69	7	’s	’s	PART
ajfa-5975	69	8	approach	approach	NOUN
ajfa-5975	69	9	although	although	SCONJ
ajfa-5975	69	10	several	several	ADJ
ajfa-5975	69	11	important	important	ADJ
ajfa-5975	69	12	features	feature	NOUN
ajfa-5975	69	13	differentiate	differentiate	VERB
ajfa-5975	69	14	the	the	DET
ajfa-5975	69	15	current	current	ADJ
ajfa-5975	69	16	paper	paper	NOUN
ajfa-5975	69	17	from	from	ADP
ajfa-5975	69	18	earlier	early	ADJ
ajfa-5975	69	19	work	work	NOUN
ajfa-5975	69	20	analysing	analyse	VERB
ajfa-5975	69	21	the	the	DET
ajfa-5975	69	22	trend	trend	NOUN
ajfa-5975	69	23	from	from	ADP
ajfa-5975	69	24	a	a	DET
ajfa-5975	69	25	different	different	ADJ
ajfa-5975	69	26	viewpoint	viewpoint	NOUN
ajfa-5975	69	27	.	.	PUNCT
ajfa-5975	70	1	we	we	PRON
ajfa-5975	70	2	use	use	VERB
ajfa-5975	70	3	large	large	ADJ
ajfa-5975	70	4	uk	uk	PROPN
ajfa-5975	70	5	bank	bank	NOUN
ajfa-5975	70	6	financial	financial	ADJ
ajfa-5975	70	7	statement	statement	NOUN
ajfa-5975	70	8	data	datum	NOUN
ajfa-5975	70	9	from	from	ADP
ajfa-5975	70	10	1986	1986	NUM
ajfa-5975	70	11	up	up	ADP
ajfa-5975	70	12	to	to	ADP
ajfa-5975	70	13	2012	2012	NUM
ajfa-5975	70	14	.	.	PUNCT
ajfa-5975	71	1	we	we	PRON
ajfa-5975	71	2	notice	notice	VERB
ajfa-5975	71	3	a	a	DET
ajfa-5975	71	4	significant	significant	ADJ
ajfa-5975	71	5	shift	shift	NOUN
ajfa-5975	71	6	from	from	ADP
ajfa-5975	71	7	interest	interest	NOUN
ajfa-5975	71	8	income	income	NOUN
ajfa-5975	71	9	to	to	ADP
ajfa-5975	71	10	non	non	ADJ
ajfa-5975	71	11	-	-	ADJ
ajfa-5975	71	12	interest	interest	ADJ
ajfa-5975	71	13	income	income	NOUN
ajfa-5975	71	14	beginning	begin	VERB
ajfa-5975	71	15	from	from	ADP
ajfa-5975	71	16	as	as	ADV
ajfa-5975	71	17	early	early	ADV
ajfa-5975	71	18	as	as	ADP
ajfa-5975	71	19	1999	1999	NUM
ajfa-5975	71	20	for	for	ADP
ajfa-5975	71	21	some	some	DET
ajfa-5975	71	22	banks	bank	NOUN
ajfa-5975	71	23	.	.	PUNCT
ajfa-5975	72	1	we	we	PRON
ajfa-5975	72	2	conduct	conduct	VERB
ajfa-5975	72	3	a	a	DET
ajfa-5975	72	4	correlation	correlation	NOUN
ajfa-5975	72	5	analysis	analysis	NOUN
ajfa-5975	72	6	which	which	PRON
ajfa-5975	72	7	enables	enable	VERB
ajfa-5975	72	8	us	we	PRON
ajfa-5975	72	9	to	to	PART
ajfa-5975	72	10	capture	capture	VERB
ajfa-5975	72	11	the	the	DET
ajfa-5975	72	12	correlation	correlation	NOUN
ajfa-5975	72	13	between	between	ADP
ajfa-5975	72	14	interest	interest	NOUN
ajfa-5975	72	15	income	income	NOUN
ajfa-5975	72	16	and	and	CCONJ
ajfa-5975	72	17	non	non	ADJ
ajfa-5975	72	18	-	-	ADJ
ajfa-5975	72	19	interest	interest	ADJ
ajfa-5975	72	20	income	income	NOUN
ajfa-5975	72	21	for	for	ADP
ajfa-5975	72	22	the	the	DET
ajfa-5975	72	23	period	period	NOUN
ajfa-5975	72	24	of	of	ADP
ajfa-5975	72	25	our	our	PRON
ajfa-5975	72	26	study	study	NOUN
ajfa-5975	72	27	and	and	CCONJ
ajfa-5975	72	28	focus	focus	VERB
ajfa-5975	72	29	on	on	ADP
ajfa-5975	72	30	the	the	DET
ajfa-5975	72	31	risk	risk	NOUN
ajfa-5975	72	32	implications	implication	NOUN
ajfa-5975	72	33	for	for	ADP
ajfa-5975	72	34	the	the	DET
ajfa-5975	72	35	regulators	regulator	NOUN
ajfa-5975	72	36	and	and	CCONJ
ajfa-5975	72	37	the	the	DET
ajfa-5975	72	38	banking	banking	NOUN
ajfa-5975	72	39	industry	industry	NOUN
ajfa-5975	72	40	at	at	ADP
ajfa-5975	72	41	large	large	ADJ
ajfa-5975	72	42	.	.	PUNCT
ajfa-5975	73	1	data	datum	NOUN
ajfa-5975	73	2	,	,	PUNCT
ajfa-5975	73	3	methodology	methodology	NOUN
ajfa-5975	73	4	,	,	PUNCT
ajfa-5975	73	5	and	and	CCONJ
ajfa-5975	73	6	sample	sample	VERB
ajfa-5975	73	7	the	the	DET
ajfa-5975	73	8	empirical	empirical	ADJ
ajfa-5975	73	9	analysis	analysis	NOUN
ajfa-5975	73	10	uses	use	VERB
ajfa-5975	73	11	data	datum	NOUN
ajfa-5975	73	12	on	on	ADP
ajfa-5975	73	13	revenue	revenue	NOUN
ajfa-5975	73	14	sources	source	NOUN
ajfa-5975	73	15	for	for	ADP
ajfa-5975	73	16	uk	uk	PROPN
ajfa-5975	73	17	bank	bank	PROPN
ajfa-5975	73	18	and	and	CCONJ
ajfa-5975	73	19	bank	bank	NOUN
ajfa-5975	73	20	holding	hold	VERB
ajfa-5975	73	21	companies	company	NOUN
ajfa-5975	73	22	(	(	PUNCT
ajfa-5975	73	23	bhcs	bhcs	NOUN
ajfa-5975	73	24	)	)	PUNCT
ajfa-5975	73	25	.	.	PUNCT
ajfa-5975	74	1	this	this	DET
ajfa-5975	74	2	section	section	NOUN
ajfa-5975	74	3	defines	define	VERB
ajfa-5975	74	4	the	the	DET
ajfa-5975	74	5	key	key	ADJ
ajfa-5975	74	6	variables	variable	NOUN
ajfa-5975	74	7	in	in	ADP
ajfa-5975	74	8	the	the	DET
ajfa-5975	74	9	analysis	analysis	NOUN
ajfa-5975	74	10	and	and	CCONJ
ajfa-5975	74	11	provides	provide	VERB
ajfa-5975	74	12	some	some	DET
ajfa-5975	74	13	discussion	discussion	NOUN
ajfa-5975	74	14	of	of	ADP
ajfa-5975	74	15	their	their	PRON
ajfa-5975	74	16	relevance	relevance	NOUN
ajfa-5975	74	17	and	and	CCONJ
ajfa-5975	74	18	importance	importance	NOUN
ajfa-5975	74	19	.	.	PUNCT
ajfa-5975	75	1	the	the	DET
ajfa-5975	75	2	current	current	ADJ
ajfa-5975	75	3	study	study	NOUN
ajfa-5975	75	4	focuses	focus	VERB
ajfa-5975	75	5	on	on	ADP
ajfa-5975	75	6	five	five	NUM
ajfa-5975	75	7	major	major	ADJ
ajfa-5975	75	8	british	british	ADJ
ajfa-5975	75	9	banks	bank	NOUN
ajfa-5975	75	10	namely	namely	ADV
ajfa-5975	75	11	,	,	PUNCT
ajfa-5975	75	12	hsbc	hsbc	PROPN
ajfa-5975	75	13	,	,	PUNCT
ajfa-5975	75	14	royal	royal	PROPN
ajfa-5975	75	15	bank	bank	PROPN
ajfa-5975	75	16	of	of	ADP
ajfa-5975	75	17	scotland	scotland	PROPN
ajfa-5975	75	18	,	,	PUNCT
ajfa-5975	75	19	lloyds	lloyd	NOUN
ajfa-5975	75	20	,	,	PUNCT
ajfa-5975	75	21	barclays	barclay	NOUN
ajfa-5975	75	22	,	,	PUNCT
ajfa-5975	75	23	and	and	CCONJ
ajfa-5975	75	24	natwest	natwest	NOUN
ajfa-5975	75	25	.	.	PUNCT
ajfa-5975	76	1	we	we	PRON
ajfa-5975	76	2	utilise	utilise	VERB
ajfa-5975	76	3	data	datum	NOUN
ajfa-5975	76	4	from	from	ADP
ajfa-5975	76	5	annual	annual	ADJ
ajfa-5975	76	6	reports	report	NOUN
ajfa-5975	76	7	including	include	VERB
ajfa-5975	76	8	balance	balance	NOUN
ajfa-5975	76	9	sheet	sheet	NOUN
ajfa-5975	76	10	and	and	CCONJ
ajfa-5975	76	11	income	income	NOUN
ajfa-5975	76	12	statement	statement	NOUN
ajfa-5975	76	13	.	.	PUNCT
ajfa-5975	77	1	our	our	PRON
ajfa-5975	77	2	choice	choice	NOUN
ajfa-5975	77	3	of	of	ADP
ajfa-5975	77	4	these	these	DET
ajfa-5975	77	5	banks	bank	NOUN
ajfa-5975	77	6	is	be	AUX
ajfa-5975	77	7	based	base	VERB
ajfa-5975	77	8	on	on	ADP
ajfa-5975	77	9	the	the	DET
ajfa-5975	77	10	fact	fact	NOUN
ajfa-5975	77	11	that	that	SCONJ
ajfa-5975	77	12	they	they	PRON
ajfa-5975	77	13	play	play	VERB
ajfa-5975	77	14	an	an	DET
ajfa-5975	77	15	essential	essential	ADJ
ajfa-5975	77	16	role	role	NOUN
ajfa-5975	77	17	in	in	ADP
ajfa-5975	77	18	the	the	DET
ajfa-5975	77	19	economy	economy	NOUN
ajfa-5975	77	20	of	of	ADP
ajfa-5975	77	21	the	the	DET
ajfa-5975	77	22	uk	uk	PROPN
ajfa-5975	77	23	and	and	CCONJ
ajfa-5975	77	24	contribute	contribute	VERB
ajfa-5975	77	25	a	a	DET
ajfa-5975	77	26	huge	huge	ADJ
ajfa-5975	77	27	percentage	percentage	NOUN
ajfa-5975	77	28	in	in	ADP
ajfa-5975	77	29	the	the	DET
ajfa-5975	77	30	gdp	gdp	NOUN
ajfa-5975	77	31	of	of	ADP
ajfa-5975	77	32	the	the	DET
ajfa-5975	77	33	country	country	NOUN
ajfa-5975	77	34	.	.	PUNCT
ajfa-5975	78	1	the	the	DET
ajfa-5975	78	2	sample	sample	NOUN
ajfa-5975	78	3	data	data	NOUN
ajfa-5975	78	4	is	be	AUX
ajfa-5975	78	5	from	from	ADP
ajfa-5975	78	6	1986	1986	NUM
ajfa-5975	78	7	to	to	ADP
ajfa-5975	78	8	2012	2012	NUM
ajfa-5975	78	9	with	with	ADP
ajfa-5975	78	10	19861	19861	NUM
ajfa-5975	78	11	as	as	ADP
ajfa-5975	78	12	our	our	PRON
ajfa-5975	78	13	starting	starting	NOUN
ajfa-5975	78	14	point	point	NOUN
ajfa-5975	78	15	as	as	SCONJ
ajfa-5975	78	16	it	it	PRON
ajfa-5975	78	17	was	be	AUX
ajfa-5975	78	18	dubbed	dub	VERB
ajfa-5975	78	19	as	as	ADP
ajfa-5975	78	20	“	"	PUNCT
ajfa-5975	78	21	big	big	ADJ
ajfa-5975	78	22	bang	bang	PROPN
ajfa-5975	78	23	”	"	PUNCT
ajfa-5975	78	24	when	when	SCONJ
ajfa-5975	78	25	the	the	DET
ajfa-5975	78	26	deregulation	deregulation	NOUN
ajfa-5975	78	27	of	of	ADP
ajfa-5975	78	28	financial	financial	ADJ
ajfa-5975	78	29	markets	market	NOUN
ajfa-5975	78	30	allowed	allow	VERB
ajfa-5975	78	31	banks	bank	NOUN
ajfa-5975	78	32	to	to	PART
ajfa-5975	78	33	expand	expand	VERB
ajfa-5975	78	34	their	their	PRON
ajfa-5975	78	35	activities	activity	NOUN
ajfa-5975	78	36	in	in	ADP
ajfa-5975	78	37	order	order	NOUN
ajfa-5975	78	38	to	to	PART
ajfa-5975	78	39	increase	increase	VERB
ajfa-5975	78	40	competition	competition	NOUN
ajfa-5975	78	41	,	,	PUNCT
ajfa-5975	78	42	innovation	innovation	NOUN
ajfa-5975	78	43	and	and	CCONJ
ajfa-5975	78	44	profitability	profitability	NOUN
ajfa-5975	78	45	.	.	PUNCT
ajfa-5975	79	1	our	our	PRON
ajfa-5975	79	2	main	main	ADJ
ajfa-5975	79	3	focus	focus	NOUN
ajfa-5975	79	4	is	be	AUX
ajfa-5975	79	5	to	to	PART
ajfa-5975	79	6	critically	critically	ADV
ajfa-5975	79	7	analyse	analyse	VERB
ajfa-5975	79	8	the	the	DET
ajfa-5975	79	9	changes	change	NOUN
ajfa-5975	79	10	in	in	ADP
ajfa-5975	79	11	interest	interest	NOUN
ajfa-5975	79	12	and	and	CCONJ
ajfa-5975	79	13	non	non	ADJ
ajfa-5975	79	14	-	-	ADJ
ajfa-5975	79	15	interest	interest	ADJ
ajfa-5975	79	16	income	income	NOUN
ajfa-5975	79	17	thereby	thereby	ADV
ajfa-5975	79	18	providing	provide	VERB
ajfa-5975	79	19	an	an	DET
ajfa-5975	79	20	account	account	NOUN
ajfa-5975	79	21	of	of	ADP
ajfa-5975	79	22	the	the	DET
ajfa-5975	79	23	changes	change	NOUN
ajfa-5975	79	24	in	in	ADP
ajfa-5975	79	25	the	the	DET
ajfa-5975	79	26	income	income	NOUN
ajfa-5975	79	27	structure	structure	NOUN
ajfa-5975	79	28	in	in	ADP
ajfa-5975	79	29	the	the	DET
ajfa-5975	79	30	banks	bank	NOUN
ajfa-5975	79	31	as	as	ADP
ajfa-5975	79	32	a	a	DET
ajfa-5975	79	33	result	result	NOUN
ajfa-5975	79	34	of	of	ADP
ajfa-5975	79	35	the	the	DET
ajfa-5975	79	36	deregulation	deregulation	NOUN
ajfa-5975	79	37	and	and	CCONJ
ajfa-5975	79	38	tease	tease	VERB
ajfa-5975	79	39	out	out	ADP
ajfa-5975	79	40	the	the	DET
ajfa-5975	79	41	contribution	contribution	NOUN
ajfa-5975	79	42	that	that	PRON
ajfa-5975	79	43	these	these	DET
ajfa-5975	79	44	changes	change	NOUN
ajfa-5975	79	45	have	have	AUX
ajfa-5975	79	46	had	have	VERB
ajfa-5975	79	47	to	to	PART
ajfa-5975	79	48	bank	bank	VERB
ajfa-5975	79	49	performance	performance	NOUN
ajfa-5975	79	50	and	and	CCONJ
ajfa-5975	79	51	systemic	systemic	ADJ
ajfa-5975	79	52	risk	risk	NOUN
ajfa-5975	79	53	compared	compare	VERB
ajfa-5975	79	54	to	to	ADP
ajfa-5975	79	55	a	a	DET
ajfa-5975	79	56	period	period	NOUN
ajfa-5975	79	57	when	when	SCONJ
ajfa-5975	79	58	banks	bank	NOUN
ajfa-5975	79	59	only	only	ADV
ajfa-5975	79	60	focused	focus	VERB
ajfa-5975	79	61	on	on	ADP
ajfa-5975	79	62	traditional	traditional	ADJ
ajfa-5975	79	63	banking	banking	NOUN
ajfa-5975	79	64	interest	interest	NOUN
ajfa-5975	79	65	income	income	NOUN
ajfa-5975	79	66	activities	activity	NOUN
ajfa-5975	79	67	.	.	PUNCT
ajfa-5975	80	1	1	1	NUM
ajfa-5975	80	2	rbs	rbs	NOUN
ajfa-5975	80	3	and	and	CCONJ
ajfa-5975	80	4	natwest	natwest	PROPN
ajfa-5975	80	5	only	only	ADV
ajfa-5975	80	6	started	start	VERB
ajfa-5975	80	7	reporting	report	VERB
ajfa-5975	80	8	noninterest	noninter	ADJ
ajfa-5975	80	9	income	income	NOUN
ajfa-5975	80	10	in	in	ADP
ajfa-5975	80	11	1994	1994	NUM
ajfa-5975	80	12	and	and	CCONJ
ajfa-5975	80	13	1992	1992	NUM
ajfa-5975	80	14	respectively	respectively	ADV
ajfa-5975	80	15	asian	asian	ADJ
ajfa-5975	80	16	journal	journal	NOUN
ajfa-5975	80	17	of	of	ADP
ajfa-5975	80	18	finance	finance	PROPN
ajfa-5975	80	19	&	&	CCONJ
ajfa-5975	80	20	accounting	accounting	PROPN
ajfa-5975	80	21	issn	issn	PROPN
ajfa-5975	80	22	1946	1946	NUM
ajfa-5975	80	23	-	-	PUNCT
ajfa-5975	80	24	052x	052x	PROPN
ajfa-5975	80	25	2014	2014	NUM
ajfa-5975	80	26	,	,	PUNCT
ajfa-5975	80	27	vol	vol	NOUN
ajfa-5975	80	28	.	.	PROPN
ajfa-5975	80	29	6	6	NUM
ajfa-5975	80	30	,	,	PUNCT
ajfa-5975	80	31	no	no	INTJ
ajfa-5975	80	32	.	.	NOUN
ajfa-5975	80	33	2	2	NUM
ajfa-5975	80	34	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	80	35	201	201	NUM
ajfa-5975	80	36	empirical	empirical	ADJ
ajfa-5975	80	37	results	result	NOUN
ajfa-5975	80	38	broad	broad	ADJ
ajfa-5975	80	39	overview	overview	VERB
ajfa-5975	80	40	the	the	DET
ajfa-5975	80	41	main	main	ADJ
ajfa-5975	80	42	aim	aim	NOUN
ajfa-5975	80	43	of	of	ADP
ajfa-5975	80	44	this	this	DET
ajfa-5975	80	45	study	study	NOUN
ajfa-5975	80	46	is	be	AUX
ajfa-5975	80	47	to	to	PART
ajfa-5975	80	48	investigate	investigate	VERB
ajfa-5975	80	49	the	the	DET
ajfa-5975	80	50	changing	change	VERB
ajfa-5975	80	51	bank	bank	NOUN
ajfa-5975	80	52	income	income	NOUN
ajfa-5975	80	53	structure	structure	NOUN
ajfa-5975	80	54	with	with	ADP
ajfa-5975	80	55	particular	particular	ADJ
ajfa-5975	80	56	emphasis	emphasis	NOUN
ajfa-5975	80	57	on	on	ADP
ajfa-5975	80	58	interest	interest	NOUN
ajfa-5975	80	59	income	income	NOUN
ajfa-5975	80	60	and	and	CCONJ
ajfa-5975	80	61	noninterest	noninter	ADJ
ajfa-5975	80	62	income	income	NOUN
ajfa-5975	80	63	for	for	ADP
ajfa-5975	80	64	the	the	DET
ajfa-5975	80	65	5	5	NUM
ajfa-5975	80	66	large	large	ADJ
ajfa-5975	80	67	uk	uk	PROPN
ajfa-5975	80	68	banks	bank	NOUN
ajfa-5975	80	69	.	.	PUNCT
ajfa-5975	81	1	although	although	SCONJ
ajfa-5975	81	2	the	the	DET
ajfa-5975	81	3	data	datum	NOUN
ajfa-5975	81	4	indicate	indicate	VERB
ajfa-5975	81	5	that	that	SCONJ
ajfa-5975	81	6	uk	uk	PROPN
ajfa-5975	81	7	banks	bank	NOUN
ajfa-5975	81	8	increasingly	increasingly	ADV
ajfa-5975	81	9	shifted	shift	VERB
ajfa-5975	81	10	from	from	ADP
ajfa-5975	81	11	traditional	traditional	ADJ
ajfa-5975	81	12	banking	banking	NOUN
ajfa-5975	81	13	from	from	ADP
ajfa-5975	81	14	as	as	ADV
ajfa-5975	81	15	early	early	ADJ
ajfa-5975	81	16	as1986	as1986	NOUN
ajfa-5975	81	17	,	,	PUNCT
ajfa-5975	81	18	we	we	PRON
ajfa-5975	81	19	find	find	VERB
ajfa-5975	81	20	this	this	DET
ajfa-5975	81	21	trend	trend	NOUN
ajfa-5975	81	22	more	more	ADV
ajfa-5975	81	23	significant	significant	ADJ
ajfa-5975	81	24	from	from	ADP
ajfa-5975	81	25	1999	1999	NUM
ajfa-5975	81	26	.	.	PUNCT
ajfa-5975	82	1	in	in	ADP
ajfa-5975	82	2	1986	1986	NUM
ajfa-5975	82	3	,	,	PUNCT
ajfa-5975	82	4	the	the	DET
ajfa-5975	82	5	first	first	ADJ
ajfa-5975	82	6	year	year	NOUN
ajfa-5975	82	7	of	of	ADP
ajfa-5975	82	8	our	our	PRON
ajfa-5975	82	9	sample	sample	NOUN
ajfa-5975	82	10	,	,	PUNCT
ajfa-5975	82	11	the	the	DET
ajfa-5975	82	12	banks	bank	NOUN
ajfa-5975	82	13	’	’	PART
ajfa-5975	82	14	non	non	ADJ
ajfa-5975	82	15	-	-	ADJ
ajfa-5975	82	16	interest	interest	ADJ
ajfa-5975	82	17	income	income	NOUN
ajfa-5975	82	18	was	be	AUX
ajfa-5975	82	19	£	£	SYM
ajfa-5975	82	20	2265	2265	NUM
ajfa-5975	82	21	million	million	NUM
ajfa-5975	82	22	.	.	PUNCT
ajfa-5975	83	1	however	however	ADV
ajfa-5975	83	2	,	,	PUNCT
ajfa-5975	83	3	in	in	ADP
ajfa-5975	83	4	2007	2007	NUM
ajfa-5975	83	5	,	,	PUNCT
ajfa-5975	83	6	non	non	ADJ
ajfa-5975	83	7	-	-	ADJ
ajfa-5975	83	8	interest	interest	ADJ
ajfa-5975	83	9	income	income	NOUN
ajfa-5975	83	10	had	have	AUX
ajfa-5975	83	11	risen	rise	VERB
ajfa-5975	83	12	to	to	ADP
ajfa-5975	83	13	£	£	SYM
ajfa-5975	83	14	9548	9548	NUM
ajfa-5975	83	15	million	million	NUM
ajfa-5975	83	16	.	.	PUNCT
ajfa-5975	84	1	by	by	ADP
ajfa-5975	84	2	2008	2008	NUM
ajfa-5975	84	3	however	however	ADV
ajfa-5975	84	4	as	as	ADP
ajfa-5975	84	5	a	a	DET
ajfa-5975	84	6	result	result	NOUN
ajfa-5975	84	7	of	of	ADP
ajfa-5975	84	8	the	the	DET
ajfa-5975	84	9	financial	financial	ADJ
ajfa-5975	84	10	crisis	crisis	NOUN
ajfa-5975	84	11	,	,	PUNCT
ajfa-5975	84	12	non	non	ADJ
ajfa-5975	84	13	-	-	ADJ
ajfa-5975	84	14	interest	interest	ADJ
ajfa-5975	84	15	income	income	NOUN
ajfa-5975	84	16	had	have	AUX
ajfa-5975	84	17	fallen	fall	VERB
ajfa-5975	84	18	to	to	ADP
ajfa-5975	84	19	£	£	SYM
ajfa-5975	84	20	5659	5659	NUM
ajfa-5975	84	21	million	million	NUM
ajfa-5975	84	22	.	.	PUNCT
ajfa-5975	85	1	the	the	DET
ajfa-5975	85	2	interest	interest	NOUN
ajfa-5975	85	3	and	and	CCONJ
ajfa-5975	85	4	non	non	ADJ
ajfa-5975	85	5	-	-	ADJ
ajfa-5975	85	6	interest	interest	ADJ
ajfa-5975	85	7	income	income	NOUN
ajfa-5975	85	8	trends	trend	NOUN
ajfa-5975	85	9	for	for	ADP
ajfa-5975	85	10	the	the	DET
ajfa-5975	85	11	period	period	NOUN
ajfa-5975	85	12	1986	1986	NUM
ajfa-5975	85	13	-	-	SYM
ajfa-5975	85	14	2012	2012	NUM
ajfa-5975	85	15	are	be	AUX
ajfa-5975	85	16	shown	show	VERB
ajfa-5975	85	17	in	in	ADP
ajfa-5975	85	18	figure	figure	NOUN
ajfa-5975	85	19	(	(	PUNCT
ajfa-5975	85	20	1	1	NUM
ajfa-5975	85	21	)	)	PUNCT
ajfa-5975	85	22	below	below	ADV
ajfa-5975	85	23	.	.	PUNCT
ajfa-5975	86	1	figure	figure	NOUN
ajfa-5975	86	2	1	1	NUM
ajfa-5975	86	3	.	.	PUNCT
ajfa-5975	86	4	interest	interest	NOUN
ajfa-5975	86	5	and	and	CCONJ
ajfa-5975	86	6	noninterest	noninter	ADJ
ajfa-5975	86	7	income	income	NOUN
ajfa-5975	86	8	of	of	ADP
ajfa-5975	86	9	uk	uk	PROPN
ajfa-5975	86	10	banks	bank	NOUN
ajfa-5975	86	11	from	from	ADP
ajfa-5975	86	12	1986	1986	NUM
ajfa-5975	86	13	-	-	SYM
ajfa-5975	86	14	2012	2012	NUM
ajfa-5975	86	15	as	as	SCONJ
ajfa-5975	86	16	shown	show	VERB
ajfa-5975	86	17	in	in	ADP
ajfa-5975	86	18	figure	figure	NOUN
ajfa-5975	86	19	(	(	PUNCT
ajfa-5975	86	20	1	1	NUM
ajfa-5975	86	21	)	)	PUNCT
ajfa-5975	86	22	the	the	DET
ajfa-5975	86	23	noninterest	noninter	ADJ
ajfa-5975	86	24	income	income	NOUN
ajfa-5975	86	25	for	for	ADP
ajfa-5975	86	26	the	the	DET
ajfa-5975	86	27	period	period	NOUN
ajfa-5975	86	28	1986	1986	NUM
ajfa-5975	86	29	-	-	SYM
ajfa-5975	86	30	1988	1988	NUM
ajfa-5975	86	31	increased	increase	VERB
ajfa-5975	86	32	due	due	ADP
ajfa-5975	86	33	to	to	ADP
ajfa-5975	86	34	deregulation	deregulation	NOUN
ajfa-5975	86	35	of	of	ADP
ajfa-5975	86	36	banking	banking	NOUN
ajfa-5975	86	37	sector	sector	NOUN
ajfa-5975	86	38	by	by	ADP
ajfa-5975	86	39	the	the	DET
ajfa-5975	86	40	thatcher	thatcher	PROPN
ajfa-5975	86	41	government	government	NOUN
ajfa-5975	86	42	to	to	PART
ajfa-5975	86	43	increase	increase	VERB
ajfa-5975	86	44	competition	competition	NOUN
ajfa-5975	86	45	and	and	CCONJ
ajfa-5975	86	46	profitability	profitability	NOUN
ajfa-5975	86	47	as	as	ADP
ajfa-5975	86	48	banks	bank	NOUN
ajfa-5975	86	49	which	which	PRON
ajfa-5975	86	50	were	be	AUX
ajfa-5975	86	51	not	not	PART
ajfa-5975	86	52	reporting	report	VERB
ajfa-5975	86	53	the	the	DET
ajfa-5975	86	54	noninterest	noninter	ADJ
ajfa-5975	86	55	income	income	NOUN
ajfa-5975	86	56	started	start	VERB
ajfa-5975	86	57	reporting	report	VERB
ajfa-5975	86	58	the	the	DET
ajfa-5975	86	59	income	income	NOUN
ajfa-5975	86	60	from	from	ADP
ajfa-5975	86	61	1986	1986	NUM
ajfa-5975	86	62	.	.	PUNCT
ajfa-5975	87	1	as	as	SCONJ
ajfa-5975	87	2	davies	davy	NOUN
ajfa-5975	87	3	and	and	CCONJ
ajfa-5975	87	4	tuori	tuori	PROPN
ajfa-5975	87	5	(	(	PUNCT
ajfa-5975	87	6	2000	2000	NUM
ajfa-5975	87	7	)	)	PUNCT
ajfa-5975	87	8	highlighted	highlight	VERB
ajfa-5975	87	9	,	,	PUNCT
ajfa-5975	87	10	noninterest	noninter	ADJ
ajfa-5975	87	11	income	income	NOUN
ajfa-5975	87	12	is	be	AUX
ajfa-5975	87	13	associated	associate	VERB
ajfa-5975	87	14	with	with	ADP
ajfa-5975	87	15	more	more	ADJ
ajfa-5975	87	16	volatile	volatile	ADJ
ajfa-5975	87	17	bank	bank	NOUN
ajfa-5975	87	18	returns	return	NOUN
ajfa-5975	87	19	which	which	PRON
ajfa-5975	87	20	is	be	AUX
ajfa-5975	87	21	observed	observe	VERB
ajfa-5975	87	22	in	in	ADP
ajfa-5975	87	23	1989	1989	NUM
ajfa-5975	87	24	when	when	SCONJ
ajfa-5975	87	25	the	the	DET
ajfa-5975	87	26	banking	banking	NOUN
ajfa-5975	87	27	sector	sector	NOUN
ajfa-5975	87	28	faced	face	VERB
ajfa-5975	87	29	a	a	DET
ajfa-5975	87	30	downturn	downturn	NOUN
ajfa-5975	87	31	hence	hence	ADV
ajfa-5975	87	32	the	the	DET
ajfa-5975	87	33	noninterest	noninter	ADJ
ajfa-5975	87	34	income	income	NOUN
ajfa-5975	87	35	fell	fall	VERB
ajfa-5975	87	36	by	by	ADP
ajfa-5975	87	37	50	50	NUM
ajfa-5975	87	38	%	%	NOUN
ajfa-5975	87	39	in	in	ADP
ajfa-5975	87	40	1991	1991	NUM
ajfa-5975	87	41	.	.	PUNCT
ajfa-5975	88	1	the	the	DET
ajfa-5975	88	2	trends	trend	NOUN
ajfa-5975	88	3	indicate	indicate	VERB
ajfa-5975	88	4	that	that	SCONJ
ajfa-5975	88	5	banks	bank	NOUN
ajfa-5975	88	6	significantly	significantly	ADV
ajfa-5975	88	7	diverted	divert	VERB
ajfa-5975	88	8	attention	attention	NOUN
ajfa-5975	88	9	towards	towards	ADP
ajfa-5975	88	10	diversifying	diversify	VERB
ajfa-5975	88	11	and	and	CCONJ
ajfa-5975	88	12	investing	invest	VERB
ajfa-5975	88	13	in	in	ADP
ajfa-5975	88	14	non	non	ADJ
ajfa-5975	88	15	-	-	ADJ
ajfa-5975	88	16	interest	interest	ADJ
ajfa-5975	88	17	generating	generating	NOUN
ajfa-5975	88	18	activities	activity	NOUN
ajfa-5975	88	19	over	over	ADP
ajfa-5975	88	20	the	the	DET
ajfa-5975	88	21	period	period	NOUN
ajfa-5975	88	22	as	as	SCONJ
ajfa-5975	88	23	illustrated	illustrate	VERB
ajfa-5975	88	24	by	by	ADP
ajfa-5975	88	25	figure	figure	NOUN
ajfa-5975	88	26	(	(	PUNCT
ajfa-5975	88	27	2	2	NUM
ajfa-5975	88	28	)	)	PUNCT
ajfa-5975	88	29	which	which	PRON
ajfa-5975	88	30	shows	show	VERB
ajfa-5975	88	31	the	the	DET
ajfa-5975	88	32	proportion	proportion	NOUN
ajfa-5975	88	33	of	of	ADP
ajfa-5975	88	34	interest	interest	NOUN
ajfa-5975	88	35	and	and	CCONJ
ajfa-5975	88	36	non	non	ADJ
ajfa-5975	88	37	-	-	ADJ
ajfa-5975	88	38	interest	interest	ADJ
ajfa-5975	88	39	income	income	NOUN
ajfa-5975	88	40	operating	operating	NOUN
ajfa-5975	88	41	profit	profit	NOUN
ajfa-5975	88	42	of	of	ADP
ajfa-5975	88	43	banks	bank	NOUN
ajfa-5975	88	44	.	.	PUNCT
ajfa-5975	89	1	asian	asian	ADJ
ajfa-5975	89	2	journal	journal	PROPN
ajfa-5975	89	3	of	of	ADP
ajfa-5975	89	4	finance	finance	PROPN
ajfa-5975	89	5	&	&	CCONJ
ajfa-5975	89	6	accounting	accounting	PROPN
ajfa-5975	89	7	issn	issn	PROPN
ajfa-5975	89	8	1946	1946	NUM
ajfa-5975	89	9	-	-	PUNCT
ajfa-5975	89	10	052x	052x	PROPN
ajfa-5975	89	11	2014	2014	NUM
ajfa-5975	89	12	,	,	PUNCT
ajfa-5975	89	13	vol	vol	NOUN
ajfa-5975	89	14	.	.	PROPN
ajfa-5975	90	1	6	6	NUM
ajfa-5975	90	2	,	,	PUNCT
ajfa-5975	90	3	no	no	INTJ
ajfa-5975	90	4	.	.	NOUN
ajfa-5975	90	5	2	2	NUM
ajfa-5975	90	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	90	7	202	202	NUM
ajfa-5975	90	8	figure	figure	NOUN
ajfa-5975	90	9	2	2	NUM
ajfa-5975	90	10	.	.	NOUN
ajfa-5975	90	11	proportion	proportion	NOUN
ajfa-5975	90	12	of	of	ADP
ajfa-5975	90	13	interest	interest	NOUN
ajfa-5975	90	14	income	income	NOUN
ajfa-5975	90	15	and	and	CCONJ
ajfa-5975	90	16	non	non	ADJ
ajfa-5975	90	17	-	-	ADJ
ajfa-5975	90	18	interest	interest	ADJ
ajfa-5975	90	19	income	income	NOUN
ajfa-5975	90	20	in	in	ADP
ajfa-5975	90	21	operating	operate	VERB
ajfa-5975	90	22	income	income	NOUN
ajfa-5975	90	23	on	on	ADP
ajfa-5975	90	24	an	an	DET
ajfa-5975	90	25	individual	individual	ADJ
ajfa-5975	90	26	bank	bank	PROPN
ajfa-5975	90	27	basis	basis	NOUN
ajfa-5975	90	28	lloyds	lloyds	NOUN
ajfa-5975	90	29	stands	stand	VERB
ajfa-5975	90	30	out	out	ADP
ajfa-5975	90	31	when	when	SCONJ
ajfa-5975	90	32	compared	compare	VERB
ajfa-5975	90	33	to	to	ADP
ajfa-5975	90	34	other	other	ADJ
ajfa-5975	90	35	banks	bank	NOUN
ajfa-5975	90	36	.	.	PUNCT
ajfa-5975	91	1	hsbc	hsbc	PROPN
ajfa-5975	91	2	and	and	CCONJ
ajfa-5975	91	3	rbs	rbs	PROPN
ajfa-5975	91	4	show	show	VERB
ajfa-5975	91	5	an	an	DET
ajfa-5975	91	6	upward	upward	ADJ
ajfa-5975	91	7	movement	movement	NOUN
ajfa-5975	91	8	however	however	ADV
ajfa-5975	91	9	natwest	natwest	PROPN
ajfa-5975	91	10	and	and	CCONJ
ajfa-5975	91	11	barclays	barclay	NOUN
ajfa-5975	91	12	shows	show	VERB
ajfa-5975	91	13	a	a	DET
ajfa-5975	91	14	stable	stable	ADJ
ajfa-5975	91	15	upward	upward	ADJ
ajfa-5975	91	16	movement	movement	NOUN
ajfa-5975	91	17	from	from	ADP
ajfa-5975	91	18	1986	1986	NUM
ajfa-5975	91	19	-	-	SYM
ajfa-5975	91	20	2012	2012	NUM
ajfa-5975	91	21	as	as	SCONJ
ajfa-5975	91	22	shown	show	VERB
ajfa-5975	91	23	in	in	ADP
ajfa-5975	91	24	figure	figure	NOUN
ajfa-5975	91	25	(	(	PUNCT
ajfa-5975	91	26	3	3	NUM
ajfa-5975	91	27	)	)	PUNCT
ajfa-5975	91	28	appendix	appendix	VERB
ajfa-5975	91	29	a.	a.	NOUN
ajfa-5975	91	30	in	in	ADP
ajfa-5975	91	31	contrast	contrast	NOUN
ajfa-5975	91	32	,	,	PUNCT
ajfa-5975	91	33	a	a	DET
ajfa-5975	91	34	significantly	significantly	ADV
ajfa-5975	91	35	stable	stable	ADJ
ajfa-5975	91	36	trend	trend	NOUN
ajfa-5975	91	37	was	be	AUX
ajfa-5975	91	38	observed	observe	VERB
ajfa-5975	91	39	in	in	ADP
ajfa-5975	91	40	the	the	DET
ajfa-5975	91	41	banks	bank	NOUN
ajfa-5975	91	42	’	’	PART
ajfa-5975	91	43	interest	interest	NOUN
ajfa-5975	91	44	income	income	NOUN
ajfa-5975	91	45	.	.	PUNCT
ajfa-5975	92	1	the	the	DET
ajfa-5975	92	2	interest	interest	NOUN
ajfa-5975	92	3	income	income	NOUN
ajfa-5975	92	4	for	for	ADP
ajfa-5975	92	5	lloyds	lloyd	NOUN
ajfa-5975	92	6	was	be	AUX
ajfa-5975	92	7	lower	low	ADJ
ajfa-5975	92	8	compare	compare	ADJ
ajfa-5975	92	9	to	to	ADP
ajfa-5975	92	10	the	the	DET
ajfa-5975	92	11	noninterest	noninter	ADJ
ajfa-5975	92	12	income	income	NOUN
ajfa-5975	92	13	trend	trend	NOUN
ajfa-5975	92	14	as	as	SCONJ
ajfa-5975	92	15	seen	see	VERB
ajfa-5975	92	16	above	above	ADV
ajfa-5975	92	17	in	in	ADP
ajfa-5975	92	18	figure	figure	NOUN
ajfa-5975	92	19	(	(	PUNCT
ajfa-5975	92	20	3	3	NUM
ajfa-5975	92	21	&	&	CCONJ
ajfa-5975	92	22	4	4	NUM
ajfa-5975	92	23	)	)	PUNCT
ajfa-5975	92	24	in	in	ADP
ajfa-5975	92	25	appendix	appendix	NOUN
ajfa-5975	92	26	.	.	PUNCT
ajfa-5975	93	1	rbs	rbs	PROPN
ajfa-5975	93	2	shows	show	VERB
ajfa-5975	93	3	completely	completely	ADV
ajfa-5975	93	4	different	different	ADJ
ajfa-5975	93	5	troughs	troughs	NOUN
ajfa-5975	93	6	although	although	SCONJ
ajfa-5975	93	7	compare	compare	VERB
ajfa-5975	93	8	to	to	ADP
ajfa-5975	93	9	hsbc	hsbc	PROPN
ajfa-5975	93	10	as	as	SCONJ
ajfa-5975	93	11	these	these	DET
ajfa-5975	93	12	two	two	NUM
ajfa-5975	93	13	banks	bank	NOUN
ajfa-5975	93	14	display	display	VERB
ajfa-5975	93	15	similar	similar	ADJ
ajfa-5975	93	16	trends	trend	NOUN
ajfa-5975	93	17	in	in	ADP
ajfa-5975	93	18	non	non	ADJ
ajfa-5975	93	19	-	-	ADJ
ajfa-5975	93	20	interest	interest	ADJ
ajfa-5975	93	21	income	income	NOUN
ajfa-5975	93	22	.	.	PUNCT
ajfa-5975	94	1	the	the	DET
ajfa-5975	94	2	results	result	NOUN
ajfa-5975	94	3	are	be	AUX
ajfa-5975	94	4	in	in	ADP
ajfa-5975	94	5	support	support	NOUN
ajfa-5975	94	6	of	of	ADP
ajfa-5975	94	7	brunnermeier	brunnermei	ADJ
ajfa-5975	94	8	et	et	PROPN
ajfa-5975	94	9	al	al	PROPN
ajfa-5975	94	10	,	,	PUNCT
ajfa-5975	94	11	(	(	PUNCT
ajfa-5975	94	12	2012	2012	NUM
ajfa-5975	94	13	)	)	PUNCT
ajfa-5975	94	14	who	who	PRON
ajfa-5975	94	15	indicated	indicate	VERB
ajfa-5975	94	16	that	that	SCONJ
ajfa-5975	94	17	banks	bank	NOUN
ajfa-5975	94	18	with	with	ADP
ajfa-5975	94	19	high	high	ADJ
ajfa-5975	94	20	interest	interest	NOUN
ajfa-5975	94	21	income	income	NOUN
ajfa-5975	94	22	contribute	contribute	VERB
ajfa-5975	94	23	more	more	ADV
ajfa-5975	94	24	to	to	ADP
ajfa-5975	94	25	systemic	systemic	ADJ
ajfa-5975	94	26	risk	risk	NOUN
ajfa-5975	94	27	than	than	ADP
ajfa-5975	94	28	banks	bank	NOUN
ajfa-5975	94	29	with	with	ADP
ajfa-5975	94	30	lower	low	ADJ
ajfa-5975	94	31	interest	interest	NOUN
ajfa-5975	94	32	income	income	NOUN
ajfa-5975	94	33	.	.	PUNCT
ajfa-5975	95	1	our	our	PRON
ajfa-5975	95	2	analysis	analysis	NOUN
ajfa-5975	95	3	reveals	reveal	VERB
ajfa-5975	95	4	a	a	DET
ajfa-5975	95	5	similar	similar	ADJ
ajfa-5975	95	6	trend	trend	NOUN
ajfa-5975	95	7	as	as	SCONJ
ajfa-5975	95	8	banks	bank	NOUN
ajfa-5975	95	9	with	with	ADP
ajfa-5975	95	10	higher	high	ADJ
ajfa-5975	95	11	noninterest	noninter	ADJ
ajfa-5975	95	12	income	income	NOUN
ajfa-5975	95	13	such	such	ADJ
ajfa-5975	95	14	as	as	ADP
ajfa-5975	95	15	lloyds	lloyd	NOUN
ajfa-5975	95	16	had	have	VERB
ajfa-5975	95	17	major	major	ADJ
ajfa-5975	95	18	losses	loss	NOUN
ajfa-5975	95	19	during	during	ADP
ajfa-5975	95	20	the	the	DET
ajfa-5975	95	21	financial	financial	ADJ
ajfa-5975	95	22	crisis	crisis	NOUN
ajfa-5975	95	23	2007	2007	NUM
ajfa-5975	95	24	-	-	SYM
ajfa-5975	95	25	2008	2008	NUM
ajfa-5975	95	26	.	.	PUNCT
ajfa-5975	96	1	banks	bank	NOUN
ajfa-5975	96	2	,	,	PUNCT
ajfa-5975	96	3	after	after	ADP
ajfa-5975	96	4	the	the	DET
ajfa-5975	96	5	deregulation	deregulation	NOUN
ajfa-5975	96	6	act	act	NOUN
ajfa-5975	96	7	in	in	ADP
ajfa-5975	96	8	1986	1986	NUM
ajfa-5975	96	9	,	,	PUNCT
ajfa-5975	96	10	moved	move	VERB
ajfa-5975	96	11	from	from	ADP
ajfa-5975	96	12	their	their	PRON
ajfa-5975	96	13	traditional	traditional	ADJ
ajfa-5975	96	14	role	role	NOUN
ajfa-5975	96	15	where	where	SCONJ
ajfa-5975	96	16	short	short	ADJ
ajfa-5975	96	17	term	term	NOUN
ajfa-5975	96	18	funds	fund	NOUN
ajfa-5975	96	19	and	and	CCONJ
ajfa-5975	96	20	lending	lending	NOUN
ajfa-5975	96	21	occurred	occur	VERB
ajfa-5975	96	22	on	on	ADP
ajfa-5975	96	23	bank	bank	NOUN
ajfa-5975	96	24	balance	balance	NOUN
ajfa-5975	96	25	sheet	sheet	NOUN
ajfa-5975	96	26	and	and	CCONJ
ajfa-5975	96	27	loans	loan	NOUN
ajfa-5975	96	28	were	be	AUX
ajfa-5975	96	29	held	hold	VERB
ajfa-5975	96	30	on	on	ADP
ajfa-5975	96	31	to	to	ADP
ajfa-5975	96	32	as	as	ADP
ajfa-5975	96	33	an	an	DET
ajfa-5975	96	34	investment	investment	NOUN
ajfa-5975	96	35	.	.	PUNCT
ajfa-5975	97	1	this	this	PRON
ajfa-5975	97	2	meant	mean	VERB
ajfa-5975	97	3	that	that	SCONJ
ajfa-5975	97	4	the	the	DET
ajfa-5975	97	5	systemic	systemic	ADJ
ajfa-5975	97	6	risk	risk	NOUN
ajfa-5975	97	7	that	that	PRON
ajfa-5975	97	8	were	be	AUX
ajfa-5975	97	9	impossible	impossible	ADJ
ajfa-5975	97	10	to	to	PART
ajfa-5975	97	11	diversify	diversify	VERB
ajfa-5975	97	12	were	be	AUX
ajfa-5975	97	13	hedged	hedge	VERB
ajfa-5975	97	14	by	by	ADP
ajfa-5975	97	15	the	the	DET
ajfa-5975	97	16	liquid	liquid	ADJ
ajfa-5975	97	17	assets	asset	NOUN
ajfa-5975	97	18	but	but	CCONJ
ajfa-5975	97	19	in	in	ADP
ajfa-5975	97	20	originate	originate	VERB
ajfa-5975	97	21	to	to	PART
ajfa-5975	97	22	distribute	distribute	VERB
ajfa-5975	97	23	model	model	NOUN
ajfa-5975	97	24	of	of	ADP
ajfa-5975	97	25	banking	banking	NOUN
ajfa-5975	97	26	banks	bank	NOUN
ajfa-5975	97	27	started	start	VERB
ajfa-5975	97	28	to	to	PART
ajfa-5975	97	29	sell	sell	VERB
ajfa-5975	97	30	those	those	DET
ajfa-5975	97	31	loans	loan	NOUN
ajfa-5975	97	32	and	and	CCONJ
ajfa-5975	97	33	then	then	ADV
ajfa-5975	97	34	securitized	securitize	VERB
ajfa-5975	97	35	in	in	ADP
ajfa-5975	97	36	asset	asset	NOUN
ajfa-5975	97	37	backed	back	VERB
ajfa-5975	97	38	securities	security	NOUN
ajfa-5975	97	39	,	,	PUNCT
ajfa-5975	97	40	and	and	CCONJ
ajfa-5975	97	41	might	might	AUX
ajfa-5975	97	42	even	even	ADV
ajfa-5975	97	43	re	re	VERB
ajfa-5975	97	44	-	-	VERB
ajfa-5975	97	45	securitised	securitised	ADJ
ajfa-5975	97	46	and	and	CCONJ
ajfa-5975	97	47	these	these	PRON
ajfa-5975	97	48	were	be	AUX
ajfa-5975	97	49	held	hold	VERB
ajfa-5975	97	50	off	off	ADP
ajfa-5975	97	51	-	-	PUNCT
ajfa-5975	97	52	balance	balance	NOUN
ajfa-5975	97	53	sheet	sheet	NOUN
ajfa-5975	97	54	.	.	PUNCT
ajfa-5975	98	1	the	the	DET
ajfa-5975	98	2	main	main	ADJ
ajfa-5975	98	3	argument	argument	NOUN
ajfa-5975	98	4	by	by	ADP
ajfa-5975	98	5	bord	bord	NOUN
ajfa-5975	98	6	and	and	CCONJ
ajfa-5975	98	7	santos	santos	PROPN
ajfa-5975	98	8	(	(	PUNCT
ajfa-5975	98	9	2012	2012	NUM
ajfa-5975	98	10	)	)	PUNCT
ajfa-5975	98	11	is	be	AUX
ajfa-5975	98	12	when	when	SCONJ
ajfa-5975	98	13	banks	bank	NOUN
ajfa-5975	98	14	became	become	VERB
ajfa-5975	98	15	more	more	ADV
ajfa-5975	98	16	involved	involved	ADJ
ajfa-5975	98	17	in	in	ADP
ajfa-5975	98	18	originate	originate	VERB
ajfa-5975	98	19	to	to	PART
ajfa-5975	98	20	distribute	distribute	VERB
ajfa-5975	98	21	model	model	NOUN
ajfa-5975	98	22	which	which	PRON
ajfa-5975	98	23	allowed	allow	VERB
ajfa-5975	98	24	credit	credit	NOUN
ajfa-5975	98	25	risk	risk	NOUN
ajfa-5975	98	26	to	to	PART
ajfa-5975	98	27	be	be	AUX
ajfa-5975	98	28	sliced	slice	VERB
ajfa-5975	98	29	,	,	PUNCT
ajfa-5975	98	30	diced	diced	ADJ
ajfa-5975	98	31	and	and	CCONJ
ajfa-5975	98	32	dispersed	disperse	VERB
ajfa-5975	98	33	but	but	CCONJ
ajfa-5975	98	34	allowed	allow	VERB
ajfa-5975	98	35	them	they	PRON
ajfa-5975	98	36	to	to	PART
ajfa-5975	98	37	earn	earn	VERB
ajfa-5975	98	38	fee	fee	NOUN
ajfa-5975	98	39	income	income	NOUN
ajfa-5975	98	40	however	however	ADV
ajfa-5975	98	41	,	,	PUNCT
ajfa-5975	98	42	that	that	SCONJ
ajfa-5975	98	43	exposed	expose	VERB
ajfa-5975	98	44	banks	bank	NOUN
ajfa-5975	98	45	to	to	ADP
ajfa-5975	98	46	systemic	systemic	ADJ
ajfa-5975	98	47	risk	risk	NOUN
ajfa-5975	98	48	.	.	PUNCT
ajfa-5975	99	1	non	non	ADJ
ajfa-5975	99	2	-	-	ADJ
ajfa-5975	99	3	interest	interest	ADJ
ajfa-5975	99	4	income	income	NOUN
ajfa-5975	99	5	increased	increase	VERB
ajfa-5975	99	6	by	by	ADP
ajfa-5975	99	7	only	only	ADV
ajfa-5975	99	8	8.37	8.37	NUM
ajfa-5975	99	9	%	%	NOUN
ajfa-5975	99	10	in	in	ADP
ajfa-5975	99	11	1999	1999	NUM
ajfa-5975	99	12	however	however	ADV
ajfa-5975	99	13	a	a	DET
ajfa-5975	99	14	39	39	NUM
ajfa-5975	99	15	%	%	NOUN
ajfa-5975	99	16	increase	increase	NOUN
ajfa-5975	99	17	in	in	ADP
ajfa-5975	99	18	2001	2001	NUM
ajfa-5975	99	19	is	be	AUX
ajfa-5975	99	20	observed	observe	VERB
ajfa-5975	99	21	,	,	PUNCT
ajfa-5975	99	22	this	this	PRON
ajfa-5975	99	23	is	be	AUX
ajfa-5975	99	24	when	when	SCONJ
ajfa-5975	99	25	non	non	ADJ
ajfa-5975	99	26	-	-	ADJ
ajfa-5975	99	27	interest	interest	ADJ
ajfa-5975	99	28	income	income	NOUN
ajfa-5975	99	29	became	become	VERB
ajfa-5975	99	30	a	a	DET
ajfa-5975	99	31	major	major	ADJ
ajfa-5975	99	32	source	source	NOUN
ajfa-5975	99	33	of	of	ADP
ajfa-5975	99	34	income	income	NOUN
ajfa-5975	99	35	for	for	ADP
ajfa-5975	99	36	banking	banking	NOUN
ajfa-5975	99	37	sector	sector	NOUN
ajfa-5975	99	38	.	.	PUNCT
ajfa-5975	100	1	moreover	moreover	ADV
ajfa-5975	100	2	,	,	PUNCT
ajfa-5975	100	3	in	in	ADP
ajfa-5975	100	4	2003	2003	NUM
ajfa-5975	100	5	the	the	DET
ajfa-5975	100	6	noninterest	noninter	ADJ
ajfa-5975	100	7	income	income	NOUN
ajfa-5975	100	8	increased	increase	VERB
ajfa-5975	100	9	by	by	ADP
ajfa-5975	100	10	48	48	NUM
ajfa-5975	100	11	%	%	NOUN
ajfa-5975	100	12	as	as	ADP
ajfa-5975	100	13	compare	compare	NOUN
ajfa-5975	100	14	to	to	ADP
ajfa-5975	100	15	2001	2001	NUM
ajfa-5975	100	16	.	.	PUNCT
ajfa-5975	101	1	the	the	DET
ajfa-5975	101	2	noninterest	noninter	ADJ
ajfa-5975	101	3	income	income	NOUN
ajfa-5975	101	4	followed	follow	VERB
ajfa-5975	101	5	an	an	DET
ajfa-5975	101	6	increasing	increase	VERB
ajfa-5975	101	7	trend	trend	NOUN
ajfa-5975	101	8	up	up	ADP
ajfa-5975	101	9	to	to	ADP
ajfa-5975	101	10	2007	2007	NUM
ajfa-5975	101	11	as	as	SCONJ
ajfa-5975	101	12	compare	compare	VERB
ajfa-5975	101	13	to	to	ADP
ajfa-5975	101	14	interest	interest	NOUN
ajfa-5975	101	15	income	income	NOUN
ajfa-5975	101	16	which	which	PRON
ajfa-5975	101	17	was	be	AUX
ajfa-5975	101	18	increasing	increase	VERB
ajfa-5975	101	19	but	but	CCONJ
ajfa-5975	101	20	at	at	ADP
ajfa-5975	101	21	a	a	DET
ajfa-5975	101	22	decreasing	decrease	VERB
ajfa-5975	101	23	rate	rate	NOUN
ajfa-5975	101	24	.	.	PUNCT
ajfa-5975	102	1	thus	thus	ADV
ajfa-5975	102	2	we	we	PRON
ajfa-5975	102	3	observe	observe	VERB
ajfa-5975	102	4	that	that	SCONJ
ajfa-5975	102	5	noninterest	noninter	ADJ
ajfa-5975	102	6	income	income	NOUN
ajfa-5975	102	7	increasingly	increasingly	ADV
ajfa-5975	102	8	became	become	VERB
ajfa-5975	102	9	the	the	DET
ajfa-5975	102	10	major	major	ADJ
ajfa-5975	102	11	source	source	NOUN
ajfa-5975	102	12	of	of	ADP
ajfa-5975	102	13	income	income	NOUN
ajfa-5975	102	14	for	for	ADP
ajfa-5975	102	15	banks	bank	NOUN
ajfa-5975	102	16	.	.	PUNCT
ajfa-5975	103	1	asian	asian	ADJ
ajfa-5975	103	2	journal	journal	PROPN
ajfa-5975	103	3	of	of	ADP
ajfa-5975	103	4	finance	finance	PROPN
ajfa-5975	103	5	&	&	CCONJ
ajfa-5975	103	6	accounting	accounting	PROPN
ajfa-5975	103	7	issn	issn	PROPN
ajfa-5975	103	8	1946	1946	NUM
ajfa-5975	103	9	-	-	PUNCT
ajfa-5975	103	10	052x	052x	PROPN
ajfa-5975	103	11	2014	2014	NUM
ajfa-5975	103	12	,	,	PUNCT
ajfa-5975	103	13	vol	vol	NOUN
ajfa-5975	103	14	.	.	PROPN
ajfa-5975	104	1	6	6	NUM
ajfa-5975	104	2	,	,	PUNCT
ajfa-5975	104	3	no	no	INTJ
ajfa-5975	104	4	.	.	NOUN
ajfa-5975	104	5	2	2	NUM
ajfa-5975	104	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	104	7	203	203	NUM
ajfa-5975	104	8	following	follow	VERB
ajfa-5975	104	9	the	the	DET
ajfa-5975	104	10	increasing	increase	VERB
ajfa-5975	104	11	trend	trend	NOUN
ajfa-5975	104	12	up	up	ADP
ajfa-5975	104	13	to	to	ADP
ajfa-5975	104	14	2007	2007	NUM
ajfa-5975	104	15	the	the	DET
ajfa-5975	104	16	results	result	NOUN
ajfa-5975	104	17	of	of	ADP
ajfa-5975	104	18	the	the	DET
ajfa-5975	104	19	analysis	analysis	NOUN
ajfa-5975	104	20	show	show	VERB
ajfa-5975	104	21	a	a	DET
ajfa-5975	104	22	significant	significant	ADJ
ajfa-5975	104	23	downturn	downturn	NOUN
ajfa-5975	104	24	in	in	ADP
ajfa-5975	104	25	the	the	DET
ajfa-5975	104	26	non	non	ADJ
ajfa-5975	104	27	-	-	ADJ
ajfa-5975	104	28	interest	interest	ADJ
ajfa-5975	104	29	income	income	NOUN
ajfa-5975	104	30	consequent	consequent	NOUN
ajfa-5975	104	31	of	of	ADP
ajfa-5975	104	32	the	the	DET
ajfa-5975	104	33	2007	2007	NUM
ajfa-5975	104	34	-	-	SYM
ajfa-5975	104	35	2010	2010	NUM
ajfa-5975	104	36	financial	financial	ADJ
ajfa-5975	104	37	crisis	crisis	NOUN
ajfa-5975	104	38	.	.	PUNCT
ajfa-5975	105	1	the	the	DET
ajfa-5975	105	2	noninterest	noninter	ADJ
ajfa-5975	105	3	income	income	NOUN
ajfa-5975	105	4	fell	fall	VERB
ajfa-5975	105	5	by	by	ADP
ajfa-5975	105	6	41	41	NUM
ajfa-5975	105	7	%	%	NOUN
ajfa-5975	105	8	from	from	ADP
ajfa-5975	105	9	£	£	SYM
ajfa-5975	105	10	9548	9548	NUM
ajfa-5975	105	11	million	million	NUM
ajfa-5975	105	12	in	in	ADP
ajfa-5975	105	13	2007	2007	NUM
ajfa-5975	105	14	to	to	ADP
ajfa-5975	105	15	£	£	SYM
ajfa-5975	105	16	5659	5659	NUM
ajfa-5975	105	17	million	million	NUM
ajfa-5975	105	18	in	in	ADP
ajfa-5975	105	19	2008	2008	NUM
ajfa-5975	105	20	.	.	PUNCT
ajfa-5975	106	1	in	in	ADP
ajfa-5975	106	2	contrast	contrast	NOUN
ajfa-5975	106	3	,	,	PUNCT
ajfa-5975	106	4	the	the	DET
ajfa-5975	106	5	interest	interest	NOUN
ajfa-5975	106	6	income	income	NOUN
ajfa-5975	106	7	increased	increase	VERB
ajfa-5975	106	8	by	by	ADP
ajfa-5975	106	9	18	18	NUM
ajfa-5975	106	10	%	%	NOUN
ajfa-5975	106	11	from	from	ADP
ajfa-5975	106	12	2007	2007	NUM
ajfa-5975	106	13	-	-	SYM
ajfa-5975	106	14	2008	2008	NUM
ajfa-5975	106	15	but	but	CCONJ
ajfa-5975	106	16	decreased	decrease	VERB
ajfa-5975	106	17	by	by	ADP
ajfa-5975	106	18	9.5	9.5	NUM
ajfa-5975	106	19	%	%	NOUN
ajfa-5975	106	20	from	from	ADP
ajfa-5975	106	21	2008	2008	NUM
ajfa-5975	106	22	-	-	SYM
ajfa-5975	106	23	2009	2009	NUM
ajfa-5975	106	24	.	.	PUNCT
ajfa-5975	107	1	this	this	PRON
ajfa-5975	107	2	justifies	justify	VERB
ajfa-5975	107	3	ecp	ecp	NOUN
ajfa-5975	107	4	(	(	PUNCT
ajfa-5975	107	5	2000	2000	NUM
ajfa-5975	107	6	)	)	PUNCT
ajfa-5975	107	7	argument	argument	NOUN
ajfa-5975	107	8	that	that	SCONJ
ajfa-5975	107	9	non	non	ADJ
ajfa-5975	107	10	-	-	ADJ
ajfa-5975	107	11	interest	interest	ADJ
ajfa-5975	107	12	income	income	NOUN
ajfa-5975	107	13	does	do	AUX
ajfa-5975	107	14	not	not	PART
ajfa-5975	107	15	seem	seem	VERB
ajfa-5975	107	16	to	to	PART
ajfa-5975	107	17	be	be	AUX
ajfa-5975	107	18	less	less	ADV
ajfa-5975	107	19	volatile	volatile	ADJ
ajfa-5975	107	20	than	than	ADP
ajfa-5975	107	21	interest	interest	NOUN
ajfa-5975	107	22	income	income	NOUN
ajfa-5975	107	23	.	.	PUNCT
ajfa-5975	108	1	the	the	DET
ajfa-5975	108	2	selected	select	VERB
ajfa-5975	108	3	bank	bank	NOUN
ajfa-5975	108	4	non	non	ADJ
ajfa-5975	108	5	-	-	ADJ
ajfa-5975	108	6	interest	interest	ADJ
ajfa-5975	108	7	income	income	NOUN
ajfa-5975	108	8	is	be	AUX
ajfa-5975	108	9	predominantly	predominantly	ADV
ajfa-5975	108	10	securities	security	NOUN
ajfa-5975	108	11	income	income	NOUN
ajfa-5975	108	12	and	and	CCONJ
ajfa-5975	108	13	other	other	ADJ
ajfa-5975	108	14	income	income	NOUN
ajfa-5975	108	15	where	where	SCONJ
ajfa-5975	108	16	the	the	DET
ajfa-5975	108	17	income	income	NOUN
ajfa-5975	108	18	from	from	ADP
ajfa-5975	108	19	securities	security	NOUN
ajfa-5975	108	20	is	be	AUX
ajfa-5975	108	21	more	more	ADV
ajfa-5975	108	22	volatile	volatile	ADJ
ajfa-5975	108	23	than	than	ADP
ajfa-5975	108	24	fee	fee	NOUN
ajfa-5975	108	25	and	and	CCONJ
ajfa-5975	108	26	commission	commission	NOUN
ajfa-5975	108	27	income	income	NOUN
ajfa-5975	108	28	.	.	PUNCT
ajfa-5975	109	1	the	the	DET
ajfa-5975	109	2	reason	reason	NOUN
ajfa-5975	109	3	behind	behind	ADP
ajfa-5975	109	4	the	the	DET
ajfa-5975	109	5	decrease	decrease	NOUN
ajfa-5975	109	6	in	in	ADP
ajfa-5975	109	7	interest	interest	NOUN
ajfa-5975	109	8	income	income	NOUN
ajfa-5975	109	9	was	be	AUX
ajfa-5975	109	10	due	due	ADJ
ajfa-5975	109	11	to	to	ADP
ajfa-5975	109	12	the	the	DET
ajfa-5975	109	13	fact	fact	NOUN
ajfa-5975	109	14	that	that	SCONJ
ajfa-5975	109	15	the	the	DET
ajfa-5975	109	16	mortgage	mortgage	NOUN
ajfa-5975	109	17	products	product	NOUN
ajfa-5975	109	18	were	be	AUX
ajfa-5975	109	19	rapidly	rapidly	ADV
ajfa-5975	109	20	being	be	AUX
ajfa-5975	109	21	pulled	pull	VERB
ajfa-5975	109	22	from	from	ADP
ajfa-5975	109	23	the	the	DET
ajfa-5975	109	24	market	market	NOUN
ajfa-5975	109	25	due	due	ADP
ajfa-5975	109	26	to	to	ADP
ajfa-5975	109	27	losses	loss	NOUN
ajfa-5975	109	28	on	on	ADP
ajfa-5975	109	29	loans	loan	NOUN
ajfa-5975	109	30	bad	bad	ADJ
ajfa-5975	109	31	debts	debt	NOUN
ajfa-5975	109	32	being	be	AUX
ajfa-5975	109	33	written	write	VERB
ajfa-5975	109	34	off	off	ADP
ajfa-5975	109	35	which	which	PRON
ajfa-5975	109	36	reduced	reduce	VERB
ajfa-5975	109	37	the	the	DET
ajfa-5975	109	38	interest	interest	NOUN
ajfa-5975	109	39	earned	earn	VERB
ajfa-5975	109	40	on	on	ADP
ajfa-5975	109	41	the	the	DET
ajfa-5975	109	42	mortgage	mortgage	NOUN
ajfa-5975	109	43	.	.	PUNCT
ajfa-5975	110	1	the	the	DET
ajfa-5975	110	2	volatile	volatile	ADJ
ajfa-5975	110	3	nature	nature	NOUN
ajfa-5975	110	4	of	of	ADP
ajfa-5975	110	5	non	non	ADJ
ajfa-5975	110	6	-	-	ADJ
ajfa-5975	110	7	interest	interest	ADJ
ajfa-5975	110	8	income	income	NOUN
ajfa-5975	110	9	pushed	push	VERB
ajfa-5975	110	10	it	it	PRON
ajfa-5975	110	11	to	to	PART
ajfa-5975	110	12	fall	fall	VERB
ajfa-5975	110	13	rapidly	rapidly	ADV
ajfa-5975	110	14	during	during	ADP
ajfa-5975	110	15	this	this	DET
ajfa-5975	110	16	time	time	NOUN
ajfa-5975	110	17	.	.	PUNCT
ajfa-5975	111	1	as	as	SCONJ
ajfa-5975	111	2	indicated	indicate	VERB
ajfa-5975	111	3	by	by	ADP
ajfa-5975	111	4	literature	literature	NOUN
ajfa-5975	111	5	above	above	ADP
ajfa-5975	111	6	some	some	PRON
ajfa-5975	111	7	of	of	ADP
ajfa-5975	111	8	the	the	DET
ajfa-5975	111	9	changes	change	NOUN
ajfa-5975	111	10	in	in	ADP
ajfa-5975	111	11	bank	bank	NOUN
ajfa-5975	111	12	income	income	NOUN
ajfa-5975	111	13	structure	structure	NOUN
ajfa-5975	111	14	were	be	AUX
ajfa-5975	111	15	due	due	ADJ
ajfa-5975	111	16	to	to	ADP
ajfa-5975	111	17	technological	technological	ADJ
ajfa-5975	111	18	changes	change	NOUN
ajfa-5975	111	19	as	as	ADV
ajfa-5975	111	20	well	well	ADV
ajfa-5975	111	21	as	as	ADP
ajfa-5975	111	22	financial	financial	ADJ
ajfa-5975	111	23	processes	process	NOUN
ajfa-5975	111	24	.	.	PUNCT
ajfa-5975	112	1	due	due	ADP
ajfa-5975	112	2	to	to	ADP
ajfa-5975	112	3	the	the	DET
ajfa-5975	112	4	2007	2007	NUM
ajfa-5975	112	5	-	-	SYM
ajfa-5975	112	6	2010	2010	NUM
ajfa-5975	112	7	,	,	PUNCT
ajfa-5975	112	8	financial	financial	ADJ
ajfa-5975	112	9	crisis	crisis	NOUN
ajfa-5975	112	10	consumer	consumer	NOUN
ajfa-5975	112	11	confidence	confidence	NOUN
ajfa-5975	112	12	fell	fall	VERB
ajfa-5975	112	13	to	to	ADP
ajfa-5975	112	14	a	a	DET
ajfa-5975	112	15	record	record	NOUN
ajfa-5975	112	16	low	low	NOUN
ajfa-5975	112	17	and	and	CCONJ
ajfa-5975	112	18	in	in	ADP
ajfa-5975	112	19	the	the	DET
ajfa-5975	112	20	process	process	NOUN
ajfa-5975	112	21	reduced	reduce	VERB
ajfa-5975	112	22	consumer	consumer	NOUN
ajfa-5975	112	23	demand	demand	NOUN
ajfa-5975	112	24	for	for	ADP
ajfa-5975	112	25	loans	loan	NOUN
ajfa-5975	112	26	which	which	PRON
ajfa-5975	112	27	ultimately	ultimately	ADV
ajfa-5975	112	28	reduced	reduce	VERB
ajfa-5975	112	29	banks	bank	NOUN
ajfa-5975	112	30	interest	interest	NOUN
ajfa-5975	112	31	income	income	NOUN
ajfa-5975	112	32	as	as	ADP
ajfa-5975	112	33	from	from	ADP
ajfa-5975	112	34	2008	2008	NUM
ajfa-5975	112	35	.	.	PUNCT
ajfa-5975	113	1	as	as	SCONJ
ajfa-5975	113	2	highlighted	highlight	VERB
ajfa-5975	113	3	by	by	ADP
ajfa-5975	113	4	edwards	edwards	PROPN
ajfa-5975	113	5	and	and	CCONJ
ajfa-5975	113	6	mishkin	mishkin	PROPN
ajfa-5975	113	7	(	(	PUNCT
ajfa-5975	113	8	1995	1995	NUM
ajfa-5975	113	9	)	)	PUNCT
ajfa-5975	113	10	and	and	CCONJ
ajfa-5975	113	11	later	later	ADV
ajfa-5975	113	12	by	by	ADP
ajfa-5975	113	13	bord	bord	NOUN
ajfa-5975	113	14	and	and	CCONJ
ajfa-5975	113	15	santos	santos	PROPN
ajfa-5975	113	16	(	(	PUNCT
ajfa-5975	113	17	2012	2012	NUM
ajfa-5975	113	18	)	)	PUNCT
ajfa-5975	113	19	the	the	DET
ajfa-5975	113	20	increase	increase	NOUN
ajfa-5975	113	21	in	in	ADP
ajfa-5975	113	22	originate	originate	VERB
ajfa-5975	113	23	to	to	PART
ajfa-5975	113	24	distribute	distribute	VERB
ajfa-5975	113	25	function	function	NOUN
ajfa-5975	113	26	of	of	ADP
ajfa-5975	113	27	banks	bank	NOUN
ajfa-5975	113	28	and	and	CCONJ
ajfa-5975	113	29	declining	decline	VERB
ajfa-5975	113	30	role	role	NOUN
ajfa-5975	113	31	of	of	ADP
ajfa-5975	113	32	banking	banking	NOUN
ajfa-5975	113	33	in	in	ADP
ajfa-5975	113	34	traditional	traditional	ADJ
ajfa-5975	113	35	financial	financial	ADJ
ajfa-5975	113	36	intermediations	intermediation	NOUN
ajfa-5975	113	37	is	be	AUX
ajfa-5975	113	38	based	base	VERB
ajfa-5975	113	39	on	on	ADP
ajfa-5975	113	40	comparison	comparison	NOUN
ajfa-5975	113	41	of	of	ADP
ajfa-5975	113	42	the	the	DET
ajfa-5975	113	43	bank	bank	NOUN
ajfa-5975	113	44	balance	balance	NOUN
ajfa-5975	113	45	sheet	sheet	NOUN
ajfa-5975	113	46	size	size	NOUN
ajfa-5975	113	47	relative	relative	ADJ
ajfa-5975	113	48	to	to	ADP
ajfa-5975	113	49	other	other	ADJ
ajfa-5975	113	50	financial	financial	ADJ
ajfa-5975	113	51	intermediaries	intermediary	NOUN
ajfa-5975	113	52	.	.	PUNCT
ajfa-5975	114	1	however	however	ADV
ajfa-5975	114	2	,	,	PUNCT
ajfa-5975	114	3	as	as	SCONJ
ajfa-5975	114	4	argued	argue	VERB
ajfa-5975	114	5	by	by	ADP
ajfa-5975	114	6	boyd	boyd	NOUN
ajfa-5975	114	7	and	and	CCONJ
ajfa-5975	114	8	gertler	gertler	NOUN
ajfa-5975	114	9	(	(	PUNCT
ajfa-5975	114	10	1994	1994	NUM
ajfa-5975	114	11	)	)	PUNCT
ajfa-5975	114	12	the	the	DET
ajfa-5975	114	13	decline	decline	NOUN
ajfa-5975	114	14	in	in	ADP
ajfa-5975	114	15	the	the	DET
ajfa-5975	114	16	share	share	NOUN
ajfa-5975	114	17	of	of	ADP
ajfa-5975	114	18	total	total	ADJ
ajfa-5975	114	19	financial	financial	ADJ
ajfa-5975	114	20	intermediary	intermediary	NOUN
ajfa-5975	114	21	assets	asset	NOUN
ajfa-5975	114	22	does	do	AUX
ajfa-5975	114	23	not	not	PART
ajfa-5975	114	24	indicate	indicate	VERB
ajfa-5975	114	25	that	that	SCONJ
ajfa-5975	114	26	the	the	DET
ajfa-5975	114	27	banking	banking	NOUN
ajfa-5975	114	28	industry	industry	NOUN
ajfa-5975	114	29	is	be	AUX
ajfa-5975	114	30	in	in	ADP
ajfa-5975	114	31	decline	decline	NOUN
ajfa-5975	114	32	but	but	CCONJ
ajfa-5975	114	33	a	a	DET
ajfa-5975	114	34	switch	switch	NOUN
ajfa-5975	114	35	to	to	ADP
ajfa-5975	114	36	the	the	DET
ajfa-5975	114	37	non	non	ADJ
ajfa-5975	114	38	-	-	ADJ
ajfa-5975	114	39	traditional	traditional	ADJ
ajfa-5975	114	40	banking	banking	NOUN
ajfa-5975	114	41	activities	activity	NOUN
ajfa-5975	114	42	.	.	PUNCT
ajfa-5975	115	1	interest	interest	NOUN
ajfa-5975	115	2	income	income	NOUN
ajfa-5975	115	3	and	and	CCONJ
ajfa-5975	115	4	noninterest	noninter	ADJ
ajfa-5975	115	5	income	income	NOUN
ajfa-5975	115	6	trends	trend	NOUN
ajfa-5975	115	7	for	for	ADP
ajfa-5975	115	8	individual	individual	ADJ
ajfa-5975	115	9	banks	bank	NOUN
ajfa-5975	115	10	traditionally	traditionally	ADV
ajfa-5975	115	11	,	,	PUNCT
ajfa-5975	115	12	fee	fee	NOUN
ajfa-5975	115	13	income	income	NOUN
ajfa-5975	115	14	or	or	CCONJ
ajfa-5975	115	15	non	non	ADJ
ajfa-5975	115	16	-	-	ADJ
ajfa-5975	115	17	interest	interest	ADJ
ajfa-5975	115	18	income	income	NOUN
ajfa-5975	115	19	was	be	AUX
ajfa-5975	115	20	a	a	DET
ajfa-5975	115	21	small	small	ADJ
ajfa-5975	115	22	part	part	NOUN
ajfa-5975	115	23	of	of	ADP
ajfa-5975	115	24	the	the	DET
ajfa-5975	115	25	earnings	earning	NOUN
ajfa-5975	115	26	stream	stream	NOUN
ajfa-5975	115	27	of	of	ADP
ajfa-5975	115	28	most	most	ADJ
ajfa-5975	115	29	banks	bank	NOUN
ajfa-5975	115	30	.	.	PUNCT
ajfa-5975	116	1	however	however	ADV
ajfa-5975	116	2	,	,	PUNCT
ajfa-5975	116	3	the	the	DET
ajfa-5975	116	4	earning	earn	VERB
ajfa-5975	116	5	stream	stream	NOUN
ajfa-5975	116	6	in	in	ADP
ajfa-5975	116	7	banks	bank	NOUN
ajfa-5975	116	8	is	be	AUX
ajfa-5975	116	9	affected	affect	VERB
ajfa-5975	116	10	by	by	ADP
ajfa-5975	116	11	changes	change	NOUN
ajfa-5975	116	12	in	in	ADP
ajfa-5975	116	13	other	other	ADJ
ajfa-5975	116	14	factors	factor	NOUN
ajfa-5975	116	15	such	such	ADJ
ajfa-5975	116	16	as	as	ADP
ajfa-5975	116	17	interest	interest	NOUN
ajfa-5975	116	18	receivable	receivable	ADJ
ajfa-5975	116	19	,	,	PUNCT
ajfa-5975	116	20	payable	payable	ADJ
ajfa-5975	116	21	and	and	CCONJ
ajfa-5975	116	22	expenses	expense	NOUN
ajfa-5975	116	23	,	,	PUNCT
ajfa-5975	116	24	the	the	DET
ajfa-5975	116	25	effect	effect	NOUN
ajfa-5975	116	26	of	of	ADP
ajfa-5975	116	27	these	these	PRON
ajfa-5975	116	28	are	be	AUX
ajfa-5975	116	29	discussed	discuss	VERB
ajfa-5975	116	30	in	in	ADP
ajfa-5975	116	31	relation	relation	NOUN
ajfa-5975	116	32	to	to	AUX
ajfa-5975	116	33	lloyds	lloyds	PROPN
ajfa-5975	116	34	(	(	PUNCT
ajfa-5975	116	35	see	see	VERB
ajfa-5975	116	36	:	:	PUNCT
ajfa-5975	116	37	figure	figure	NOUN
ajfa-5975	116	38	(	(	PUNCT
ajfa-5975	116	39	3	3	NUM
ajfa-5975	116	40	)	)	PUNCT
ajfa-5975	116	41	in	in	ADP
ajfa-5975	116	42	appendix	appendix	NOUN
ajfa-5975	116	43	)	)	PUNCT
ajfa-5975	116	44	.	.	PUNCT
ajfa-5975	117	1	the	the	DET
ajfa-5975	117	2	non	non	ADJ
ajfa-5975	117	3	-	-	ADJ
ajfa-5975	117	4	interest	interest	ADJ
ajfa-5975	117	5	income	income	NOUN
ajfa-5975	117	6	in	in	ADP
ajfa-5975	117	7	lloyds	lloyds	PROPN
ajfa-5975	117	8	was	be	AUX
ajfa-5975	117	9	greater	great	ADJ
ajfa-5975	117	10	than	than	ADP
ajfa-5975	117	11	interest	interest	NOUN
ajfa-5975	117	12	income	income	NOUN
ajfa-5975	117	13	in	in	ADP
ajfa-5975	117	14	1986	1986	NUM
ajfa-5975	117	15	and	and	CCONJ
ajfa-5975	117	16	remained	remain	VERB
ajfa-5975	117	17	higher	high	ADJ
ajfa-5975	117	18	until	until	ADP
ajfa-5975	117	19	1988	1988	NUM
ajfa-5975	117	20	where	where	SCONJ
ajfa-5975	117	21	interest	interest	NOUN
ajfa-5975	117	22	non	non	ADJ
ajfa-5975	117	23	-	-	NOUN
ajfa-5975	117	24	income	income	NOUN
ajfa-5975	117	25	was	be	AUX
ajfa-5975	117	26	£	£	SYM
ajfa-5975	117	27	687.5	687.5	NUM
ajfa-5975	117	28	million	million	NUM
ajfa-5975	117	29	and	and	CCONJ
ajfa-5975	117	30	interest	interest	NOUN
ajfa-5975	117	31	income	income	NOUN
ajfa-5975	117	32	was	be	AUX
ajfa-5975	117	33	£	£	SYM
ajfa-5975	117	34	192.6	192.6	NUM
ajfa-5975	117	35	million	million	NUM
ajfa-5975	117	36	(	(	PUNCT
ajfa-5975	117	37	appendix	appendix	ADJ
ajfa-5975	117	38	figure	figure	NOUN
ajfa-5975	117	39	5	5	NUM
ajfa-5975	117	40	)	)	PUNCT
ajfa-5975	117	41	.	.	PUNCT
ajfa-5975	118	1	the	the	DET
ajfa-5975	118	2	decline	decline	NOUN
ajfa-5975	118	3	of	of	ADP
ajfa-5975	118	4	interest	interest	NOUN
ajfa-5975	118	5	income	income	NOUN
ajfa-5975	118	6	is	be	AUX
ajfa-5975	118	7	not	not	PART
ajfa-5975	118	8	unique	unique	ADJ
ajfa-5975	118	9	to	to	ADP
ajfa-5975	118	10	lloyds	lloyd	NOUN
ajfa-5975	118	11	,	,	PUNCT
ajfa-5975	118	12	but	but	CCONJ
ajfa-5975	118	13	was	be	AUX
ajfa-5975	118	14	due	due	ADJ
ajfa-5975	118	15	to	to	ADP
ajfa-5975	118	16	the	the	DET
ajfa-5975	118	17	banks	bank	NOUN
ajfa-5975	118	18	being	be	AUX
ajfa-5975	118	19	hard	hard	ADV
ajfa-5975	118	20	hit	hit	VERB
ajfa-5975	118	21	by	by	ADP
ajfa-5975	118	22	the	the	DET
ajfa-5975	118	23	recession	recession	NOUN
ajfa-5975	118	24	from	from	ADP
ajfa-5975	118	25	1988	1988	NUM
ajfa-5975	118	26	-	-	SYM
ajfa-5975	118	27	1992	1992	NUM
ajfa-5975	118	28	.	.	PUNCT
ajfa-5975	119	1	moreover	moreover	ADV
ajfa-5975	119	2	,	,	PUNCT
ajfa-5975	119	3	a	a	DET
ajfa-5975	119	4	drop	drop	NOUN
ajfa-5975	119	5	in	in	ADP
ajfa-5975	119	6	both	both	DET
ajfa-5975	119	7	interest	interest	NOUN
ajfa-5975	119	8	and	and	CCONJ
ajfa-5975	119	9	noninterest	noninter	ADJ
ajfa-5975	119	10	income	income	NOUN
ajfa-5975	119	11	can	can	AUX
ajfa-5975	119	12	be	be	AUX
ajfa-5975	119	13	seen	see	VERB
ajfa-5975	119	14	from	from	ADP
ajfa-5975	119	15	1989	1989	NUM
ajfa-5975	119	16	-	-	SYM
ajfa-5975	119	17	1994	1994	NUM
ajfa-5975	119	18	when	when	SCONJ
ajfa-5975	119	19	the	the	DET
ajfa-5975	119	20	banking	banking	NOUN
ajfa-5975	119	21	sector	sector	NOUN
ajfa-5975	119	22	was	be	AUX
ajfa-5975	119	23	in	in	ADP
ajfa-5975	119	24	turmoil	turmoil	NOUN
ajfa-5975	119	25	during	during	ADP
ajfa-5975	119	26	the	the	DET
ajfa-5975	119	27	ltcm	ltcm	NOUN
ajfa-5975	119	28	crisis	crisis	NOUN
ajfa-5975	119	29	.	.	PUNCT
ajfa-5975	120	1	a	a	DET
ajfa-5975	120	2	major	major	ADJ
ajfa-5975	120	3	event	event	NOUN
ajfa-5975	120	4	in	in	ADP
ajfa-5975	120	5	the	the	DET
ajfa-5975	120	6	shift	shift	NOUN
ajfa-5975	120	7	from	from	ADP
ajfa-5975	120	8	traditional	traditional	ADJ
ajfa-5975	120	9	activities	activity	NOUN
ajfa-5975	120	10	for	for	ADP
ajfa-5975	120	11	lloyds	lloyds	PROPN
ajfa-5975	120	12	bank	bank	PROPN
ajfa-5975	120	13	is	be	AUX
ajfa-5975	120	14	noticeable	noticeable	ADJ
ajfa-5975	120	15	with	with	ADP
ajfa-5975	120	16	the	the	DET
ajfa-5975	120	17	increase	increase	NOUN
ajfa-5975	120	18	in	in	ADP
ajfa-5975	120	19	noninterest	noninter	ADJ
ajfa-5975	120	20	income	income	NOUN
ajfa-5975	120	21	that	that	PRON
ajfa-5975	120	22	follows	follow	VERB
ajfa-5975	120	23	the	the	DET
ajfa-5975	120	24	merger	merger	NOUN
ajfa-5975	120	25	with	with	ADP
ajfa-5975	120	26	abbey	abbey	NOUN
ajfa-5975	120	27	life	life	NOUN
ajfa-5975	120	28	in	in	ADP
ajfa-5975	120	29	1988	1988	NUM
ajfa-5975	120	30	.	.	PUNCT
ajfa-5975	121	1	this	this	PRON
ajfa-5975	121	2	brought	bring	VERB
ajfa-5975	121	3	about	about	ADP
ajfa-5975	121	4	a	a	DET
ajfa-5975	121	5	slight	slight	ADJ
ajfa-5975	121	6	increase	increase	NOUN
ajfa-5975	121	7	in	in	ADP
ajfa-5975	121	8	both	both	DET
ajfa-5975	121	9	interest	interest	NOUN
ajfa-5975	121	10	income	income	NOUN
ajfa-5975	121	11	and	and	CCONJ
ajfa-5975	121	12	noninterest	noninter	ADJ
ajfa-5975	121	13	.	.	PUNCT
ajfa-5975	122	1	in	in	ADP
ajfa-5975	122	2	2000	2000	NUM
ajfa-5975	122	3	the	the	DET
ajfa-5975	122	4	bank	bank	NOUN
ajfa-5975	122	5	acquired	acquire	VERB
ajfa-5975	122	6	scottish	scottish	ADJ
ajfa-5975	122	7	widows	widow	NOUN
ajfa-5975	122	8	(	(	PUNCT
ajfa-5975	122	9	a	a	DET
ajfa-5975	122	10	mutual	mutual	ADJ
ajfa-5975	122	11	life	life	NOUN
ajfa-5975	122	12	assurance	assurance	NOUN
ajfa-5975	122	13	company	company	NOUN
ajfa-5975	122	14	)	)	PUNCT
ajfa-5975	122	15	.	.	PUNCT
ajfa-5975	123	1	this	this	PRON
ajfa-5975	123	2	made	make	VERB
ajfa-5975	123	3	lloyds	lloyd	VERB
ajfa-5975	123	4	the	the	DET
ajfa-5975	123	5	second	second	ADV
ajfa-5975	123	6	largest	large	ADJ
ajfa-5975	123	7	uk	uk	PROPN
ajfa-5975	123	8	provider	provider	NOUN
ajfa-5975	123	9	of	of	ADP
ajfa-5975	123	10	life	life	NOUN
ajfa-5975	123	11	assurance	assurance	NOUN
ajfa-5975	123	12	and	and	CCONJ
ajfa-5975	123	13	pensions	pension	NOUN
ajfa-5975	123	14	.	.	PUNCT
ajfa-5975	124	1	scottish	scottish	ADJ
ajfa-5975	124	2	widows	widow	NOUN
ajfa-5975	124	3	contributed	contribute	VERB
ajfa-5975	124	4	an	an	DET
ajfa-5975	124	5	income	income	NOUN
ajfa-5975	124	6	of	of	ADP
ajfa-5975	124	7	£	£	SYM
ajfa-5975	124	8	403	403	NUM
ajfa-5975	124	9	m	m	NOUN
ajfa-5975	124	10	as	as	ADP
ajfa-5975	124	11	of	of	ADP
ajfa-5975	124	12	march	march	PROPN
ajfa-5975	124	13	2000.consequent	2000.consequent	NUM
ajfa-5975	124	14	of	of	ADP
ajfa-5975	124	15	the	the	DET
ajfa-5975	124	16	purchase	purchase	NOUN
ajfa-5975	124	17	the	the	DET
ajfa-5975	124	18	group	group	NOUN
ajfa-5975	124	19	fee	fee	NOUN
ajfa-5975	124	20	income	income	NOUN
ajfa-5975	124	21	increased	increase	VERB
ajfa-5975	124	22	to	to	ADP
ajfa-5975	124	23	46	46	NUM
ajfa-5975	124	24	%	%	NOUN
ajfa-5975	124	25	of	of	ADP
ajfa-5975	124	26	total	total	ADJ
ajfa-5975	124	27	income	income	NOUN
ajfa-5975	124	28	compared	compare	VERB
ajfa-5975	124	29	to	to	ADP
ajfa-5975	124	30	40	40	NUM
ajfa-5975	124	31	%	%	NOUN
ajfa-5975	124	32	of	of	ADP
ajfa-5975	124	33	1999.in	1999.in	NOUN
ajfa-5975	124	34	the	the	DET
ajfa-5975	124	35	same	same	ADJ
ajfa-5975	124	36	year	year	NOUN
ajfa-5975	124	37	the	the	DET
ajfa-5975	124	38	bank	bank	NOUN
ajfa-5975	124	39	purchased	purchase	VERB
ajfa-5975	124	40	chartered	chartered	PROPN
ajfa-5975	124	41	trust	trust	PROPN
ajfa-5975	124	42	from	from	ADP
ajfa-5975	124	43	standard	standard	PROPN
ajfa-5975	124	44	chartered	charter	VERB
ajfa-5975	124	45	to	to	PART
ajfa-5975	124	46	form	form	VERB
ajfa-5975	124	47	the	the	DET
ajfa-5975	124	48	lloyds	lloyds	NOUN
ajfa-5975	124	49	tsb	tsb	PROPN
ajfa-5975	124	50	asset	asset	NOUN
ajfa-5975	124	51	finance	finance	NOUN
ajfa-5975	124	52	division	division	NOUN
ajfa-5975	124	53	which	which	PRON
ajfa-5975	124	54	provides	provide	VERB
ajfa-5975	124	55	motor	motor	NOUN
ajfa-5975	124	56	,	,	PUNCT
ajfa-5975	124	57	retail	retail	ADJ
ajfa-5975	124	58	and	and	CCONJ
ajfa-5975	124	59	personal	personal	ADJ
ajfa-5975	124	60	insurance	insurance	NOUN
ajfa-5975	124	61	under	under	ADP
ajfa-5975	124	62	the	the	DET
ajfa-5975	124	63	name	name	NOUN
ajfa-5975	124	64	black	black	ADJ
ajfa-5975	124	65	horse	horse	NOUN
ajfa-5975	124	66	.	.	PUNCT
ajfa-5975	125	1	consequently	consequently	ADV
ajfa-5975	125	2	income	income	NOUN
ajfa-5975	125	3	contribution	contribution	NOUN
ajfa-5975	125	4	from	from	ADP
ajfa-5975	125	5	insurance	insurance	NOUN
ajfa-5975	125	6	and	and	CCONJ
ajfa-5975	125	7	investments	investment	NOUN
ajfa-5975	125	8	rose	rise	VERB
ajfa-5975	125	9	to	to	ADP
ajfa-5975	125	10	34	34	NUM
ajfa-5975	125	11	%	%	NOUN
ajfa-5975	125	12	of	of	ADP
ajfa-5975	125	13	total	total	ADJ
ajfa-5975	125	14	income	income	NOUN
ajfa-5975	125	15	.	.	PUNCT
ajfa-5975	126	1	asian	asian	ADJ
ajfa-5975	126	2	journal	journal	PROPN
ajfa-5975	126	3	of	of	ADP
ajfa-5975	126	4	finance	finance	PROPN
ajfa-5975	126	5	&	&	CCONJ
ajfa-5975	126	6	accounting	accounting	PROPN
ajfa-5975	126	7	issn	issn	PROPN
ajfa-5975	126	8	1946	1946	NUM
ajfa-5975	126	9	-	-	PUNCT
ajfa-5975	126	10	052x	052x	PROPN
ajfa-5975	126	11	2014	2014	NUM
ajfa-5975	126	12	,	,	PUNCT
ajfa-5975	126	13	vol	vol	NOUN
ajfa-5975	126	14	.	.	PROPN
ajfa-5975	127	1	6	6	NUM
ajfa-5975	127	2	,	,	PUNCT
ajfa-5975	127	3	no	no	INTJ
ajfa-5975	127	4	.	.	NOUN
ajfa-5975	127	5	2	2	NUM
ajfa-5975	127	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	127	7	204	204	NUM
ajfa-5975	127	8	hence	hence	ADV
ajfa-5975	127	9	the	the	DET
ajfa-5975	127	10	upward	upward	ADJ
ajfa-5975	127	11	trend	trend	NOUN
ajfa-5975	127	12	in	in	ADP
ajfa-5975	127	13	noninterest	noninter	ADJ
ajfa-5975	127	14	income	income	NOUN
ajfa-5975	127	15	continues	continue	VERB
ajfa-5975	127	16	to	to	PART
ajfa-5975	127	17	be	be	AUX
ajfa-5975	127	18	noticeable	noticeable	ADJ
ajfa-5975	127	19	.	.	PUNCT
ajfa-5975	128	1	in	in	ADP
ajfa-5975	128	2	2004	2004	NUM
ajfa-5975	128	3	the	the	DET
ajfa-5975	128	4	noninterest	noninter	ADJ
ajfa-5975	128	5	income	income	NOUN
ajfa-5975	128	6	was	be	AUX
ajfa-5975	128	7	75	75	NUM
ajfa-5975	128	8	%	%	NOUN
ajfa-5975	128	9	higher	high	ADJ
ajfa-5975	128	10	than	than	ADP
ajfa-5975	128	11	interest	interest	NOUN
ajfa-5975	128	12	income	income	NOUN
ajfa-5975	128	13	.	.	PUNCT
ajfa-5975	129	1	this	this	DET
ajfa-5975	129	2	increase	increase	NOUN
ajfa-5975	129	3	in	in	ADP
ajfa-5975	129	4	noninterest	noninter	ADJ
ajfa-5975	129	5	income	income	NOUN
ajfa-5975	129	6	was	be	AUX
ajfa-5975	129	7	due	due	ADJ
ajfa-5975	129	8	to	to	ADP
ajfa-5975	129	9	an	an	DET
ajfa-5975	129	10	increase	increase	NOUN
ajfa-5975	129	11	of	of	ADP
ajfa-5975	129	12	£	£	SYM
ajfa-5975	129	13	26	26	NUM
ajfa-5975	129	14	million	million	NUM
ajfa-5975	129	15	in	in	ADP
ajfa-5975	129	16	fee	fee	NOUN
ajfa-5975	129	17	and	and	CCONJ
ajfa-5975	129	18	commission	commission	NOUN
ajfa-5975	129	19	receivable	receivable	NOUN
ajfa-5975	129	20	which	which	PRON
ajfa-5975	129	21	relate	relate	VERB
ajfa-5975	129	22	to	to	ADP
ajfa-5975	129	23	a	a	DET
ajfa-5975	129	24	wide	wide	ADJ
ajfa-5975	129	25	range	range	NOUN
ajfa-5975	129	26	of	of	ADP
ajfa-5975	129	27	services	service	NOUN
ajfa-5975	129	28	provided	provide	VERB
ajfa-5975	129	29	throughout	throughout	ADP
ajfa-5975	129	30	the	the	DET
ajfa-5975	129	31	group	group	NOUN
ajfa-5975	129	32	.	.	PUNCT
ajfa-5975	130	1	as	as	ADP
ajfa-5975	130	2	a	a	DET
ajfa-5975	130	3	result	result	NOUN
ajfa-5975	130	4	of	of	ADP
ajfa-5975	130	5	the	the	DET
ajfa-5975	130	6	investment	investment	NOUN
ajfa-5975	130	7	in	in	ADP
ajfa-5975	130	8	scottish	scottish	ADJ
ajfa-5975	130	9	widows	widow	NOUN
ajfa-5975	130	10	and	and	CCONJ
ajfa-5975	130	11	the	the	DET
ajfa-5975	130	12	operations	operation	NOUN
ajfa-5975	130	13	of	of	ADP
ajfa-5975	130	14	black	black	ADJ
ajfa-5975	130	15	horse	horse	NOUN
ajfa-5975	130	16	the	the	DET
ajfa-5975	130	17	bank	bank	NOUN
ajfa-5975	130	18	witnessed	witness	VERB
ajfa-5975	130	19	a	a	DET
ajfa-5975	130	20	significant	significant	ADJ
ajfa-5975	130	21	increase	increase	NOUN
ajfa-5975	130	22	in	in	ADP
ajfa-5975	130	23	noninterest	noninter	ADJ
ajfa-5975	130	24	income	income	NOUN
ajfa-5975	130	25	for	for	ADP
ajfa-5975	130	26	the	the	DET
ajfa-5975	130	27	period	period	NOUN
ajfa-5975	130	28	2000	2000	NUM
ajfa-5975	130	29	-	-	SYM
ajfa-5975	130	30	2004	2004	NUM
ajfa-5975	130	31	.	.	PUNCT
ajfa-5975	131	1	this	this	PRON
ajfa-5975	131	2	was	be	AUX
ajfa-5975	131	3	backed	back	VERB
ajfa-5975	131	4	by	by	ADP
ajfa-5975	131	5	a	a	DET
ajfa-5975	131	6	strong	strong	ADJ
ajfa-5975	131	7	growth	growth	NOUN
ajfa-5975	131	8	in	in	ADP
ajfa-5975	131	9	income	income	NOUN
ajfa-5975	131	10	from	from	ADP
ajfa-5975	131	11	insurance	insurance	NOUN
ajfa-5975	131	12	broking	broking	NOUN
ajfa-5975	131	13	,	,	PUNCT
ajfa-5975	131	14	card	card	NOUN
ajfa-5975	131	15	services	service	NOUN
ajfa-5975	131	16	and	and	CCONJ
ajfa-5975	131	17	other	other	ADJ
ajfa-5975	131	18	short	short	ADJ
ajfa-5975	131	19	term	term	NOUN
ajfa-5975	131	20	investment	investment	NOUN
ajfa-5975	131	21	.	.	PUNCT
ajfa-5975	132	1	the	the	DET
ajfa-5975	132	2	interest	interest	NOUN
ajfa-5975	132	3	income	income	NOUN
ajfa-5975	132	4	comparatively	comparatively	ADV
ajfa-5975	132	5	is	be	AUX
ajfa-5975	132	6	showing	show	VERB
ajfa-5975	132	7	a	a	DET
ajfa-5975	132	8	stable	stable	ADJ
ajfa-5975	132	9	trend	trend	NOUN
ajfa-5975	132	10	over	over	ADP
ajfa-5975	132	11	the	the	DET
ajfa-5975	132	12	period	period	NOUN
ajfa-5975	132	13	however	however	ADV
ajfa-5975	132	14	,	,	PUNCT
ajfa-5975	132	15	as	as	SCONJ
ajfa-5975	132	16	hale	hale	PROPN
ajfa-5975	132	17	and	and	CCONJ
ajfa-5975	132	18	santos	santos	PROPN
ajfa-5975	132	19	(	(	PUNCT
ajfa-5975	132	20	2009	2009	NUM
ajfa-5975	132	21	)	)	PUNCT
ajfa-5975	132	22	argued	argue	VERB
ajfa-5975	132	23	the	the	DET
ajfa-5975	132	24	noninterest	noninter	ADJ
ajfa-5975	132	25	income	income	NOUN
ajfa-5975	132	26	is	be	AUX
ajfa-5975	132	27	more	more	ADV
ajfa-5975	132	28	stable	stable	ADJ
ajfa-5975	132	29	than	than	ADP
ajfa-5975	132	30	interest	interest	NOUN
ajfa-5975	132	31	income	income	NOUN
ajfa-5975	132	32	and	and	CCONJ
ajfa-5975	132	33	fee	fee	NOUN
ajfa-5975	132	34	based	base	VERB
ajfa-5975	132	35	activities	activity	NOUN
ajfa-5975	132	36	reduce	reduce	VERB
ajfa-5975	132	37	bank	bank	NOUN
ajfa-5975	132	38	risk	risk	NOUN
ajfa-5975	132	39	via	via	ADP
ajfa-5975	132	40	diversification	diversification	NOUN
ajfa-5975	132	41	.	.	PUNCT
ajfa-5975	133	1	the	the	DET
ajfa-5975	133	2	increase	increase	NOUN
ajfa-5975	133	3	in	in	ADP
ajfa-5975	133	4	non	non	ADJ
ajfa-5975	133	5	interest	interest	NOUN
ajfa-5975	133	6	income	income	NOUN
ajfa-5975	133	7	is	be	AUX
ajfa-5975	133	8	also	also	ADV
ajfa-5975	133	9	due	due	ADJ
ajfa-5975	133	10	to	to	ADP
ajfa-5975	133	11	increased	increase	VERB
ajfa-5975	133	12	bank	bank	NOUN
ajfa-5975	133	13	investment	investment	NOUN
ajfa-5975	133	14	on	on	ADP
ajfa-5975	133	15	other	other	ADJ
ajfa-5975	133	16	financial	financial	ADJ
ajfa-5975	133	17	instruments	instrument	NOUN
ajfa-5975	133	18	rather	rather	ADV
ajfa-5975	133	19	than	than	ADP
ajfa-5975	133	20	just	just	ADV
ajfa-5975	133	21	making	make	VERB
ajfa-5975	133	22	loan	loan	NOUN
ajfa-5975	133	23	to	to	ADP
ajfa-5975	133	24	customers	customer	NOUN
ajfa-5975	133	25	.	.	PUNCT
ajfa-5975	134	1	for	for	ADP
ajfa-5975	134	2	lloyds	lloyds	NOUN
ajfa-5975	134	3	in	in	ADP
ajfa-5975	134	4	relation	relation	NOUN
ajfa-5975	134	5	to	to	ADP
ajfa-5975	134	6	the	the	DET
ajfa-5975	134	7	changes	change	NOUN
ajfa-5975	134	8	on	on	ADP
ajfa-5975	134	9	the	the	DET
ajfa-5975	134	10	balance	balance	NOUN
ajfa-5975	134	11	sheet	sheet	NOUN
ajfa-5975	134	12	flowing	flow	VERB
ajfa-5975	134	13	through	through	ADP
ajfa-5975	134	14	to	to	ADP
ajfa-5975	134	15	the	the	DET
ajfa-5975	134	16	income	income	NOUN
ajfa-5975	134	17	statement	statement	NOUN
ajfa-5975	134	18	the	the	DET
ajfa-5975	134	19	results	result	NOUN
ajfa-5975	134	20	of	of	ADP
ajfa-5975	134	21	this	this	DET
ajfa-5975	134	22	study	study	NOUN
ajfa-5975	134	23	show	show	VERB
ajfa-5975	134	24	that	that	SCONJ
ajfa-5975	134	25	with	with	ADP
ajfa-5975	134	26	a	a	DET
ajfa-5975	134	27	decrease	decrease	NOUN
ajfa-5975	134	28	in	in	ADP
ajfa-5975	134	29	the	the	DET
ajfa-5975	134	30	percentage	percentage	NOUN
ajfa-5975	134	31	of	of	ADP
ajfa-5975	134	32	loan	loan	NOUN
ajfa-5975	134	33	to	to	ADP
ajfa-5975	134	34	customers	customer	NOUN
ajfa-5975	134	35	as	as	ADP
ajfa-5975	134	36	a	a	DET
ajfa-5975	134	37	proportion	proportion	NOUN
ajfa-5975	134	38	of	of	ADP
ajfa-5975	134	39	total	total	ADJ
ajfa-5975	134	40	assets	asset	NOUN
ajfa-5975	134	41	came	come	VERB
ajfa-5975	134	42	an	an	DET
ajfa-5975	134	43	increase	increase	NOUN
ajfa-5975	134	44	in	in	ADP
ajfa-5975	134	45	the	the	DET
ajfa-5975	134	46	noninterest	noninter	ADJ
ajfa-5975	134	47	income	income	NOUN
ajfa-5975	134	48	for	for	ADP
ajfa-5975	134	49	the	the	DET
ajfa-5975	134	50	bank	bank	NOUN
ajfa-5975	134	51	.	.	PUNCT
ajfa-5975	135	1	this	this	DET
ajfa-5975	135	2	trend	trend	NOUN
ajfa-5975	135	3	is	be	AUX
ajfa-5975	135	4	observed	observe	VERB
ajfa-5975	135	5	for	for	ADP
ajfa-5975	135	6	the	the	DET
ajfa-5975	135	7	period	period	NOUN
ajfa-5975	135	8	from	from	ADP
ajfa-5975	135	9	1996	1996	NUM
ajfa-5975	135	10	-	-	SYM
ajfa-5975	135	11	2007	2007	NUM
ajfa-5975	135	12	.	.	PUNCT
ajfa-5975	136	1	however	however	ADV
ajfa-5975	136	2	,	,	PUNCT
ajfa-5975	136	3	a	a	DET
ajfa-5975	136	4	totally	totally	ADV
ajfa-5975	136	5	different	different	ADJ
ajfa-5975	136	6	trend	trend	NOUN
ajfa-5975	136	7	is	be	AUX
ajfa-5975	136	8	observed	observe	VERB
ajfa-5975	136	9	during	during	ADP
ajfa-5975	136	10	the	the	DET
ajfa-5975	136	11	2007	2007	NUM
ajfa-5975	136	12	-	-	SYM
ajfa-5975	136	13	2010	2010	NUM
ajfa-5975	136	14	financial	financial	ADJ
ajfa-5975	136	15	crisis	crisis	NOUN
ajfa-5975	136	16	when	when	SCONJ
ajfa-5975	136	17	the	the	DET
ajfa-5975	136	18	percentage	percentage	NOUN
ajfa-5975	136	19	of	of	ADP
ajfa-5975	136	20	loan	loan	NOUN
ajfa-5975	136	21	decreases	decrease	NOUN
ajfa-5975	136	22	due	due	ADJ
ajfa-5975	136	23	to	to	ADP
ajfa-5975	136	24	reduced	reduce	VERB
ajfa-5975	136	25	demand	demand	NOUN
ajfa-5975	136	26	of	of	ADP
ajfa-5975	136	27	loans	loan	NOUN
ajfa-5975	136	28	.	.	PUNCT
ajfa-5975	137	1	thus	thus	ADV
ajfa-5975	137	2	the	the	DET
ajfa-5975	137	3	interest	interest	NOUN
ajfa-5975	137	4	and	and	CCONJ
ajfa-5975	137	5	noninterest	noninter	ADJ
ajfa-5975	137	6	income	income	NOUN
ajfa-5975	137	7	both	both	PRON
ajfa-5975	137	8	declined	decline	VERB
ajfa-5975	137	9	due	due	ADJ
ajfa-5975	137	10	to	to	ADP
ajfa-5975	137	11	low	low	ADJ
ajfa-5975	137	12	demand	demand	NOUN
ajfa-5975	137	13	of	of	ADP
ajfa-5975	137	14	loans	loan	NOUN
ajfa-5975	137	15	and	and	CCONJ
ajfa-5975	137	16	other	other	ADJ
ajfa-5975	137	17	marketable	marketable	ADJ
ajfa-5975	137	18	securities	security	NOUN
ajfa-5975	137	19	and	and	CCONJ
ajfa-5975	137	20	the	the	DET
ajfa-5975	137	21	bank	bank	NOUN
ajfa-5975	137	22	writing	write	VERB
ajfa-5975	137	23	off	off	ADP
ajfa-5975	137	24	loan	loan	NOUN
ajfa-5975	137	25	losses	loss	NOUN
ajfa-5975	137	26	.	.	PUNCT
ajfa-5975	138	1	with	with	ADP
ajfa-5975	138	2	regard	regard	NOUN
ajfa-5975	138	3	to	to	ADP
ajfa-5975	138	4	the	the	DET
ajfa-5975	138	5	relationship	relationship	NOUN
ajfa-5975	138	6	between	between	ADP
ajfa-5975	138	7	increase	increase	NOUN
ajfa-5975	138	8	in	in	ADP
ajfa-5975	138	9	non	non	ADJ
ajfa-5975	138	10	-	-	ADJ
ajfa-5975	138	11	interest	interest	ADJ
ajfa-5975	138	12	income	income	NOUN
ajfa-5975	138	13	and	and	CCONJ
ajfa-5975	138	14	bank	bank	NOUN
ajfa-5975	138	15	profitability	profitability	NOUN
ajfa-5975	138	16	of	of	ADP
ajfa-5975	138	17	particular	particular	ADJ
ajfa-5975	138	18	significance	significance	NOUN
ajfa-5975	138	19	is	be	AUX
ajfa-5975	138	20	hsbc	hsbc	NOUN
ajfa-5975	138	21	where	where	SCONJ
ajfa-5975	138	22	the	the	DET
ajfa-5975	138	23	increased	increase	VERB
ajfa-5975	138	24	revenue	revenue	NOUN
ajfa-5975	138	25	obtained	obtain	VERB
ajfa-5975	138	26	from	from	ADP
ajfa-5975	138	27	‘	'	PUNCT
ajfa-5975	138	28	new	new	ADJ
ajfa-5975	138	29	’	'	PUNCT
ajfa-5975	138	30	hsbc	hsbc	PROPN
ajfa-5975	138	31	businesses	business	NOUN
ajfa-5975	138	32	increased	increase	VERB
ajfa-5975	138	33	the	the	DET
ajfa-5975	138	34	profitability	profitability	NOUN
ajfa-5975	138	35	of	of	ADP
ajfa-5975	138	36	the	the	DET
ajfa-5975	138	37	bank	bank	NOUN
ajfa-5975	138	38	.	.	PUNCT
ajfa-5975	139	1	as	as	SCONJ
ajfa-5975	139	2	illustrated	illustrate	VERB
ajfa-5975	139	3	by	by	ADP
ajfa-5975	139	4	figure	figure	NOUN
ajfa-5975	139	5	(	(	PUNCT
ajfa-5975	139	6	7	7	NUM
ajfa-5975	139	7	)	)	PUNCT
ajfa-5975	139	8	(	(	PUNCT
ajfa-5975	139	9	appendix	appendix	NOUN
ajfa-5975	139	10	)	)	PUNCT
ajfa-5975	139	11	.	.	PUNCT
ajfa-5975	140	1	the	the	DET
ajfa-5975	140	2	bank	bank	NOUN
ajfa-5975	140	3	started	start	VERB
ajfa-5975	140	4	with	with	ADP
ajfa-5975	140	5	a	a	DET
ajfa-5975	140	6	balanced	balanced	ADJ
ajfa-5975	140	7	mix	mix	NOUN
ajfa-5975	140	8	of	of	ADP
ajfa-5975	140	9	interest	interest	NOUN
ajfa-5975	140	10	and	and	CCONJ
ajfa-5975	140	11	noninterest	noninter	ADJ
ajfa-5975	140	12	income	income	NOUN
ajfa-5975	140	13	from	from	ADP
ajfa-5975	140	14	1988	1988	NUM
ajfa-5975	140	15	where	where	SCONJ
ajfa-5975	140	16	the	the	DET
ajfa-5975	140	17	interest	interest	NOUN
ajfa-5975	140	18	income	income	NOUN
ajfa-5975	140	19	was	be	AUX
ajfa-5975	140	20	£	£	SYM
ajfa-5975	140	21	1721	1721	NUM
ajfa-5975	140	22	million	million	NUM
ajfa-5975	140	23	and	and	CCONJ
ajfa-5975	140	24	noninterest	noninter	ADJ
ajfa-5975	140	25	income	income	NOUN
ajfa-5975	140	26	was	be	AUX
ajfa-5975	140	27	£	£	SYM
ajfa-5975	140	28	1137	1137	NUM
ajfa-5975	140	29	million	million	NUM
ajfa-5975	140	30	.	.	PUNCT
ajfa-5975	141	1	although	although	SCONJ
ajfa-5975	141	2	non	non	ADJ
ajfa-5975	141	3	-	-	ADJ
ajfa-5975	141	4	interest	interest	ADJ
ajfa-5975	141	5	earning	earning	NOUN
ajfa-5975	141	6	activities	activity	NOUN
ajfa-5975	141	7	slightly	slightly	ADV
ajfa-5975	141	8	decreased	decrease	VERB
ajfa-5975	141	9	during	during	ADP
ajfa-5975	141	10	1991	1991	NUM
ajfa-5975	141	11	-	-	SYM
ajfa-5975	141	12	1996	1996	NUM
ajfa-5975	141	13	when	when	SCONJ
ajfa-5975	141	14	the	the	DET
ajfa-5975	141	15	banking	banking	NOUN
ajfa-5975	141	16	system	system	NOUN
ajfa-5975	141	17	in	in	ADP
ajfa-5975	141	18	the	the	DET
ajfa-5975	141	19	uk	uk	PROPN
ajfa-5975	141	20	was	be	AUX
ajfa-5975	141	21	facing	face	VERB
ajfa-5975	141	22	a	a	DET
ajfa-5975	141	23	downturn	downturn	NOUN
ajfa-5975	141	24	hsbc	hsbc	PROPN
ajfa-5975	141	25	’s	’s	PART
ajfa-5975	141	26	interest	interest	NOUN
ajfa-5975	141	27	income	income	NOUN
ajfa-5975	141	28	in	in	ADP
ajfa-5975	141	29	the	the	DET
ajfa-5975	141	30	1987	1987	NUM
ajfa-5975	141	31	reflects	reflect	VERB
ajfa-5975	141	32	a	a	DET
ajfa-5975	141	33	high	high	ADJ
ajfa-5975	141	34	level	level	NOUN
ajfa-5975	141	35	of	of	ADP
ajfa-5975	141	36	average	average	ADJ
ajfa-5975	141	37	assets	asset	NOUN
ajfa-5975	141	38	and	and	CCONJ
ajfa-5975	141	39	the	the	DET
ajfa-5975	141	40	interest	interest	NOUN
ajfa-5975	141	41	margin	margin	NOUN
ajfa-5975	141	42	of	of	ADP
ajfa-5975	141	43	the	the	DET
ajfa-5975	141	44	bank	bank	NOUN
ajfa-5975	141	45	was	be	AUX
ajfa-5975	141	46	slightly	slightly	ADV
ajfa-5975	141	47	higher	high	ADJ
ajfa-5975	141	48	than	than	ADP
ajfa-5975	141	49	1986	1986	NUM
ajfa-5975	141	50	due	due	ADP
ajfa-5975	141	51	to	to	ADP
ajfa-5975	141	52	improved	improve	VERB
ajfa-5975	141	53	interest	interest	NOUN
ajfa-5975	141	54	spread	spread	VERB
ajfa-5975	141	55	and	and	CCONJ
ajfa-5975	141	56	increased	increase	VERB
ajfa-5975	141	57	proportion	proportion	NOUN
ajfa-5975	141	58	of	of	ADP
ajfa-5975	141	59	mortgage	mortgage	NOUN
ajfa-5975	141	60	loans	loan	NOUN
ajfa-5975	141	61	.	.	PUNCT
ajfa-5975	142	1	despite	despite	SCONJ
ajfa-5975	142	2	the	the	DET
ajfa-5975	142	3	flat	flat	ADJ
ajfa-5975	142	4	tariff	tariff	NOUN
ajfa-5975	142	5	structure	structure	NOUN
ajfa-5975	142	6	in	in	ADP
ajfa-5975	142	7	the	the	DET
ajfa-5975	142	8	uk	uk	PROPN
ajfa-5975	142	9	in	in	ADP
ajfa-5975	142	10	1987	1987	NUM
ajfa-5975	142	11	,	,	PUNCT
ajfa-5975	142	12	hsbc	hsbc	PROPN
ajfa-5975	142	13	’s	’s	PART
ajfa-5975	142	14	noninterest	noninter	ADJ
ajfa-5975	142	15	income	income	NOUN
ajfa-5975	142	16	increased	increase	VERB
ajfa-5975	142	17	by	by	ADP
ajfa-5975	142	18	12.5	12.5	NUM
ajfa-5975	142	19	%	%	NOUN
ajfa-5975	142	20	due	due	ADP
ajfa-5975	142	21	to	to	ADP
ajfa-5975	142	22	growth	growth	NOUN
ajfa-5975	142	23	in	in	ADP
ajfa-5975	142	24	banking	banking	NOUN
ajfa-5975	142	25	commissions	commission	NOUN
ajfa-5975	142	26	.	.	PUNCT
ajfa-5975	143	1	hsbc	hsbc	PROPN
ajfa-5975	143	2	continued	continue	VERB
ajfa-5975	143	3	to	to	PART
ajfa-5975	143	4	expand	expand	VERB
ajfa-5975	143	5	the	the	DET
ajfa-5975	143	6	insurance	insurance	NOUN
ajfa-5975	143	7	and	and	CCONJ
ajfa-5975	143	8	trust	trust	NOUN
ajfa-5975	143	9	business	business	NOUN
ajfa-5975	143	10	which	which	PRON
ajfa-5975	143	11	leads	lead	VERB
ajfa-5975	143	12	to	to	ADP
ajfa-5975	143	13	increased	increase	VERB
ajfa-5975	143	14	commission	commission	NOUN
ajfa-5975	143	15	income	income	NOUN
ajfa-5975	143	16	.	.	PUNCT
ajfa-5975	144	1	interest	interest	NOUN
ajfa-5975	144	2	income	income	NOUN
ajfa-5975	144	3	in	in	ADP
ajfa-5975	144	4	1991	1991	NUM
ajfa-5975	144	5	grew	grow	VERB
ajfa-5975	144	6	by	by	ADP
ajfa-5975	144	7	£	£	SYM
ajfa-5975	144	8	1757	1757	NUM
ajfa-5975	144	9	million	million	NUM
ajfa-5975	144	10	as	as	SCONJ
ajfa-5975	144	11	compared	compare	VERB
ajfa-5975	144	12	to	to	ADP
ajfa-5975	144	13	£	£	SYM
ajfa-5975	144	14	1643	1643	NUM
ajfa-5975	144	15	million	million	NUM
ajfa-5975	144	16	in	in	ADP
ajfa-5975	144	17	1990	1990	NUM
ajfa-5975	144	18	while	while	SCONJ
ajfa-5975	144	19	noninterest	noninter	ADJ
ajfa-5975	144	20	income	income	NOUN
ajfa-5975	144	21	increased	increase	VERB
ajfa-5975	144	22	by	by	ADP
ajfa-5975	144	23	5	5	NUM
ajfa-5975	144	24	%	%	NOUN
ajfa-5975	144	25	from	from	ADP
ajfa-5975	144	26	1990	1990	NUM
ajfa-5975	144	27	-	-	SYM
ajfa-5975	144	28	1991	1991	NUM
ajfa-5975	144	29	.	.	PUNCT
ajfa-5975	145	1	these	these	DET
ajfa-5975	145	2	results	result	NOUN
ajfa-5975	145	3	are	be	AUX
ajfa-5975	145	4	in	in	ADP
ajfa-5975	145	5	support	support	NOUN
ajfa-5975	145	6	of	of	ADP
ajfa-5975	145	7	gallo	gallo	PROPN
ajfa-5975	145	8	,	,	PUNCT
ajfa-5975	145	9	apilado	apilado	NOUN
ajfa-5975	145	10	and	and	CCONJ
ajfa-5975	145	11	kolari	kolari	X
ajfa-5975	145	12	(	(	PUNCT
ajfa-5975	145	13	1996	1996	NUM
ajfa-5975	145	14	)	)	PUNCT
ajfa-5975	145	15	found	find	VERB
ajfa-5975	145	16	that	that	SCONJ
ajfa-5975	145	17	the	the	DET
ajfa-5975	145	18	high	high	ADJ
ajfa-5975	145	19	proportion	proportion	NOUN
ajfa-5975	145	20	of	of	ADP
ajfa-5975	145	21	mutual	mutual	ADJ
ajfa-5975	145	22	assets	asset	NOUN
ajfa-5975	145	23	of	of	ADP
ajfa-5975	145	24	banks	bank	NOUN
ajfa-5975	145	25	holding	hold	VERB
ajfa-5975	145	26	companies	company	NOUN
ajfa-5975	145	27	over	over	ADP
ajfa-5975	145	28	the	the	DET
ajfa-5975	145	29	period	period	NOUN
ajfa-5975	145	30	of	of	ADP
ajfa-5975	145	31	1987	1987	NUM
ajfa-5975	145	32	-	-	SYM
ajfa-5975	145	33	1994	1994	NUM
ajfa-5975	145	34	was	be	AUX
ajfa-5975	145	35	associated	associate	VERB
ajfa-5975	145	36	with	with	ADP
ajfa-5975	145	37	increased	increase	VERB
ajfa-5975	145	38	profitability	profitability	NOUN
ajfa-5975	145	39	and	and	CCONJ
ajfa-5975	145	40	reduced	reduce	VERB
ajfa-5975	145	41	risk	risk	NOUN
ajfa-5975	145	42	for	for	ADP
ajfa-5975	145	43	bank	bank	NOUN
ajfa-5975	145	44	holding	hold	VERB
ajfa-5975	145	45	companies	company	NOUN
ajfa-5975	145	46	.	.	PUNCT
ajfa-5975	146	1	dealing	deal	VERB
ajfa-5975	146	2	profits	profit	NOUN
ajfa-5975	146	3	increased	increase	VERB
ajfa-5975	146	4	due	due	ADP
ajfa-5975	146	5	to	to	ADP
ajfa-5975	146	6	increased	increase	VERB
ajfa-5975	146	7	securities	security	NOUN
ajfa-5975	146	8	trading	trading	NOUN
ajfa-5975	146	9	profit	profit	NOUN
ajfa-5975	146	10	.	.	PUNCT
ajfa-5975	147	1	the	the	DET
ajfa-5975	147	2	trading	trading	NOUN
ajfa-5975	147	3	profit	profit	NOUN
ajfa-5975	147	4	,	,	PUNCT
ajfa-5975	147	5	fee	fee	NOUN
ajfa-5975	147	6	income	income	NOUN
ajfa-5975	147	7	and	and	CCONJ
ajfa-5975	147	8	commission	commission	NOUN
ajfa-5975	147	9	increased	increase	VERB
ajfa-5975	147	10	with	with	ADP
ajfa-5975	147	11	growth	growth	NOUN
ajfa-5975	147	12	in	in	ADP
ajfa-5975	147	13	first	first	ADJ
ajfa-5975	147	14	direct	direct	ADJ
ajfa-5975	147	15	,	,	PUNCT
ajfa-5975	147	16	cards	card	NOUN
ajfa-5975	147	17	and	and	CCONJ
ajfa-5975	147	18	griffin	griffin	NOUN
ajfa-5975	147	19	factors	factor	NOUN
ajfa-5975	147	20	.	.	PUNCT
ajfa-5975	148	1	the	the	DET
ajfa-5975	148	2	noninterest	noninter	ADJ
ajfa-5975	148	3	income	income	NOUN
ajfa-5975	148	4	in	in	ADP
ajfa-5975	148	5	1997	1997	NUM
ajfa-5975	148	6	was	be	AUX
ajfa-5975	148	7	8	8	NUM
ajfa-5975	148	8	%	%	NOUN
ajfa-5975	148	9	higher	high	ADJ
ajfa-5975	148	10	than	than	ADP
ajfa-5975	148	11	interest	interest	NOUN
ajfa-5975	148	12	income	income	NOUN
ajfa-5975	148	13	which	which	PRON
ajfa-5975	148	14	decreased	decrease	VERB
ajfa-5975	148	15	to	to	ADP
ajfa-5975	148	16	4	4	NUM
ajfa-5975	148	17	%	%	NOUN
ajfa-5975	148	18	in	in	ADP
ajfa-5975	148	19	1998.after	1998.after	NOUN
ajfa-5975	148	20	1998	1998	NUM
ajfa-5975	148	21	hsbc	hsbc	PROPN
ajfa-5975	148	22	’s	’s	PART
ajfa-5975	148	23	fee	fee	NOUN
ajfa-5975	148	24	income	income	NOUN
ajfa-5975	148	25	grew	grow	VERB
ajfa-5975	148	26	from	from	ADP
ajfa-5975	148	27	£	£	SYM
ajfa-5975	148	28	1275	1275	NUM
ajfa-5975	148	29	million	million	NUM
ajfa-5975	148	30	to	to	ADP
ajfa-5975	148	31	£	£	SYM
ajfa-5975	148	32	1488	1488	NUM
ajfa-5975	148	33	million	million	NUM
ajfa-5975	148	34	in	in	ADP
ajfa-5975	148	35	1999	1999	NUM
ajfa-5975	148	36	reflecting	reflect	VERB
ajfa-5975	148	37	strong	strong	ADJ
ajfa-5975	148	38	wealth	wealth	NOUN
ajfa-5975	148	39	management	management	NOUN
ajfa-5975	148	40	activities	activity	NOUN
ajfa-5975	148	41	.	.	PUNCT
ajfa-5975	149	1	in	in	ADP
ajfa-5975	149	2	2001	2001	NUM
ajfa-5975	149	3	,	,	PUNCT
ajfa-5975	149	4	the	the	DET
ajfa-5975	149	5	interest	interest	NOUN
ajfa-5975	149	6	income	income	NOUN
ajfa-5975	149	7	increased	increase	VERB
ajfa-5975	149	8	to	to	ADP
ajfa-5975	149	9	asian	asian	ADJ
ajfa-5975	149	10	journal	journal	NOUN
ajfa-5975	149	11	of	of	ADP
ajfa-5975	149	12	finance	finance	PROPN
ajfa-5975	149	13	&	&	CCONJ
ajfa-5975	149	14	accounting	accounting	PROPN
ajfa-5975	149	15	issn	issn	PROPN
ajfa-5975	149	16	1946	1946	NUM
ajfa-5975	149	17	-	-	PUNCT
ajfa-5975	149	18	052x	052x	PROPN
ajfa-5975	149	19	2014	2014	NUM
ajfa-5975	149	20	,	,	PUNCT
ajfa-5975	149	21	vol	vol	NOUN
ajfa-5975	149	22	.	.	PROPN
ajfa-5975	149	23	6	6	NUM
ajfa-5975	149	24	,	,	PUNCT
ajfa-5975	149	25	no	no	INTJ
ajfa-5975	149	26	.	.	NOUN
ajfa-5975	149	27	2	2	NUM
ajfa-5975	149	28	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	149	29	205	205	NUM
ajfa-5975	149	30	£	£	SYM
ajfa-5975	149	31	3325	3325	NUM
ajfa-5975	149	32	million	million	NUM
ajfa-5975	149	33	from	from	ADP
ajfa-5975	149	34	£	£	SYM
ajfa-5975	149	35	2716	2716	NUM
ajfa-5975	149	36	million	million	NUM
ajfa-5975	149	37	in	in	ADP
ajfa-5975	149	38	2000	2000	NUM
ajfa-5975	149	39	due	due	ADP
ajfa-5975	149	40	to	to	ADP
ajfa-5975	149	41	growth	growth	NOUN
ajfa-5975	149	42	in	in	ADP
ajfa-5975	149	43	personal	personal	ADJ
ajfa-5975	149	44	and	and	CCONJ
ajfa-5975	149	45	commercial	commercial	ADJ
ajfa-5975	149	46	current	current	ADJ
ajfa-5975	149	47	account	account	NOUN
ajfa-5975	149	48	saving	saving	NOUN
ajfa-5975	149	49	and	and	CCONJ
ajfa-5975	149	50	lending	lending	NOUN
ajfa-5975	149	51	in	in	ADP
ajfa-5975	149	52	the	the	DET
ajfa-5975	149	53	uk	uk	PROPN
ajfa-5975	149	54	banking	banking	NOUN
ajfa-5975	149	55	.	.	PUNCT
ajfa-5975	150	1	the	the	DET
ajfa-5975	150	2	noninterest	noninter	ADJ
ajfa-5975	150	3	income	income	NOUN
ajfa-5975	150	4	in	in	ADP
ajfa-5975	150	5	2000	2000	NUM
ajfa-5975	150	6	was	be	AUX
ajfa-5975	150	7	also	also	ADV
ajfa-5975	150	8	increasing	increase	VERB
ajfa-5975	150	9	due	due	ADJ
ajfa-5975	150	10	to	to	ADP
ajfa-5975	150	11	strong	strong	ADJ
ajfa-5975	150	12	growth	growth	NOUN
ajfa-5975	150	13	in	in	ADP
ajfa-5975	150	14	global	global	ADJ
ajfa-5975	150	15	safe	safe	ADJ
ajfa-5975	150	16	custody	custody	NOUN
ajfa-5975	150	17	fee	fee	NOUN
ajfa-5975	150	18	,	,	PUNCT
ajfa-5975	150	19	higher	high	ADJ
ajfa-5975	150	20	current	current	ADJ
ajfa-5975	150	21	account	account	NOUN
ajfa-5975	150	22	and	and	CCONJ
ajfa-5975	150	23	overdraft	overdraft	NOUN
ajfa-5975	150	24	fee	fee	NOUN
ajfa-5975	150	25	and	and	CCONJ
ajfa-5975	150	26	increased	increase	VERB
ajfa-5975	150	27	corporate	corporate	ADJ
ajfa-5975	150	28	banking	banking	NOUN
ajfa-5975	150	29	fee	fee	NOUN
ajfa-5975	150	30	.	.	PUNCT
ajfa-5975	151	1	noninterest	noninter	ADJ
ajfa-5975	151	2	income	income	NOUN
ajfa-5975	151	3	in	in	ADP
ajfa-5975	151	4	hsbc	hsbc	PROPN
ajfa-5975	151	5	uk	uk	PROPN
ajfa-5975	151	6	banking	banking	NOUN
ajfa-5975	151	7	was	be	AUX
ajfa-5975	151	8	driven	drive	VERB
ajfa-5975	151	9	by	by	ADP
ajfa-5975	151	10	an	an	DET
ajfa-5975	151	11	increase	increase	NOUN
ajfa-5975	151	12	of	of	ADP
ajfa-5975	151	13	16	16	NUM
ajfa-5975	151	14	%	%	NOUN
ajfa-5975	151	15	in	in	ADP
ajfa-5975	151	16	life	life	NOUN
ajfa-5975	151	17	,	,	PUNCT
ajfa-5975	151	18	pension	pension	NOUN
ajfa-5975	151	19	and	and	CCONJ
ajfa-5975	151	20	investment	investment	NOUN
ajfa-5975	151	21	income	income	NOUN
ajfa-5975	151	22	and	and	CCONJ
ajfa-5975	151	23	7	7	NUM
ajfa-5975	151	24	%	%	NOUN
ajfa-5975	151	25	increase	increase	NOUN
ajfa-5975	151	26	in	in	ADP
ajfa-5975	151	27	general	general	ADJ
ajfa-5975	151	28	insurance	insurance	NOUN
ajfa-5975	151	29	income	income	NOUN
ajfa-5975	151	30	.	.	PUNCT
ajfa-5975	152	1	hsbc	hsbc	PROPN
ajfa-5975	152	2	derived	derive	VERB
ajfa-5975	152	3	an	an	DET
ajfa-5975	152	4	increasing	increase	VERB
ajfa-5975	152	5	share	share	NOUN
ajfa-5975	152	6	of	of	ADP
ajfa-5975	152	7	their	their	PRON
ajfa-5975	152	8	profit	profit	NOUN
ajfa-5975	152	9	from	from	ADP
ajfa-5975	152	10	off	off	ADP
ajfa-5975	152	11	-	-	PUNCT
ajfa-5975	152	12	balance	balance	NOUN
ajfa-5975	152	13	sheet	sheet	NOUN
ajfa-5975	152	14	activities	activity	NOUN
ajfa-5975	152	15	such	such	ADJ
ajfa-5975	152	16	as	as	ADP
ajfa-5975	152	17	fee	fee	NOUN
ajfa-5975	152	18	income	income	NOUN
ajfa-5975	152	19	,	,	PUNCT
ajfa-5975	152	20	commission	commission	NOUN
ajfa-5975	152	21	,	,	PUNCT
ajfa-5975	152	22	insurance	insurance	NOUN
ajfa-5975	152	23	and	and	CCONJ
ajfa-5975	152	24	other	other	ADJ
ajfa-5975	152	25	trading	trading	NOUN
ajfa-5975	152	26	activities	activity	NOUN
ajfa-5975	152	27	.	.	PUNCT
ajfa-5975	153	1	as	as	ADP
ajfa-5975	153	2	a	a	DET
ajfa-5975	153	3	share	share	NOUN
ajfa-5975	153	4	of	of	ADP
ajfa-5975	153	5	total	total	ADJ
ajfa-5975	153	6	bank	bank	NOUN
ajfa-5975	153	7	income	income	NOUN
ajfa-5975	153	8	,	,	PUNCT
ajfa-5975	153	9	the	the	DET
ajfa-5975	153	10	noninterest	noninter	ADJ
ajfa-5975	153	11	income	income	NOUN
ajfa-5975	153	12	increased	increase	VERB
ajfa-5975	153	13	from	from	ADP
ajfa-5975	153	14	42	42	NUM
ajfa-5975	153	15	%	%	NOUN
ajfa-5975	153	16	,	,	PUNCT
ajfa-5975	153	17	in	in	ADP
ajfa-5975	153	18	1990	1990	NUM
ajfa-5975	153	19	to	to	ADP
ajfa-5975	153	20	48	48	NUM
ajfa-5975	153	21	%	%	NOUN
ajfa-5975	153	22	in	in	ADP
ajfa-5975	153	23	1991	1991	NUM
ajfa-5975	153	24	.	.	PUNCT
ajfa-5975	154	1	a	a	DET
ajfa-5975	154	2	declining	decline	VERB
ajfa-5975	154	3	trend	trend	NOUN
ajfa-5975	154	4	can	can	AUX
ajfa-5975	154	5	be	be	AUX
ajfa-5975	154	6	observed	observe	VERB
ajfa-5975	154	7	in	in	ADP
ajfa-5975	154	8	bank	bank	NOUN
ajfa-5975	154	9	’s	’s	PART
ajfa-5975	154	10	interest	interest	NOUN
ajfa-5975	154	11	income	income	NOUN
ajfa-5975	154	12	and	and	CCONJ
ajfa-5975	154	13	the	the	DET
ajfa-5975	154	14	declining	decline	VERB
ajfa-5975	154	15	trend	trend	NOUN
ajfa-5975	154	16	in	in	ADP
ajfa-5975	154	17	profitability	profitability	NOUN
ajfa-5975	154	18	of	of	ADP
ajfa-5975	154	19	bank	bank	NOUN
ajfa-5975	154	20	’s	’s	PART
ajfa-5975	154	21	traditional	traditional	ADJ
ajfa-5975	154	22	business	business	NOUN
ajfa-5975	154	23	becomes	become	VERB
ajfa-5975	154	24	evident	evident	ADJ
ajfa-5975	154	25	with	with	ADP
ajfa-5975	154	26	the	the	DET
ajfa-5975	154	27	noninterest	noninter	ADJ
ajfa-5975	154	28	income	income	NOUN
ajfa-5975	154	29	stable	stable	ADJ
ajfa-5975	154	30	over	over	ADP
ajfa-5975	154	31	the	the	DET
ajfa-5975	154	32	period	period	NOUN
ajfa-5975	154	33	until	until	SCONJ
ajfa-5975	154	34	it	it	PRON
ajfa-5975	154	35	takes	take	VERB
ajfa-5975	154	36	a	a	DET
ajfa-5975	154	37	slight	slight	ADJ
ajfa-5975	154	38	downturn	downturn	NOUN
ajfa-5975	154	39	from	from	ADP
ajfa-5975	154	40	89	89	NUM
ajfa-5975	154	41	%	%	NOUN
ajfa-5975	154	42	to	to	PART
ajfa-5975	154	43	69	69	NUM
ajfa-5975	154	44	%	%	NOUN
ajfa-5975	154	45	observed	observe	VERB
ajfa-5975	154	46	in	in	ADP
ajfa-5975	154	47	2008	2008	NUM
ajfa-5975	154	48	-	-	SYM
ajfa-5975	154	49	2009	2009	NUM
ajfa-5975	154	50	.	.	PUNCT
ajfa-5975	155	1	the	the	DET
ajfa-5975	155	2	decline	decline	NOUN
ajfa-5975	155	3	in	in	ADP
ajfa-5975	155	4	interest	interest	NOUN
ajfa-5975	155	5	income	income	NOUN
ajfa-5975	155	6	was	be	AUX
ajfa-5975	155	7	attributable	attributable	ADJ
ajfa-5975	155	8	to	to	ADP
ajfa-5975	155	9	lower	low	ADJ
ajfa-5975	155	10	yield	yield	NOUN
ajfa-5975	155	11	on	on	ADP
ajfa-5975	155	12	excess	excess	ADJ
ajfa-5975	155	13	liquidity	liquidity	NOUN
ajfa-5975	155	14	and	and	CCONJ
ajfa-5975	155	15	customer	customer	NOUN
ajfa-5975	155	16	lending	lending	NOUN
ajfa-5975	155	17	partly	partly	ADV
ajfa-5975	155	18	offset	offset	VERB
ajfa-5975	155	19	by	by	ADP
ajfa-5975	155	20	reduction	reduction	NOUN
ajfa-5975	155	21	is	be	AUX
ajfa-5975	155	22	cost	cost	NOUN
ajfa-5975	155	23	of	of	ADP
ajfa-5975	155	24	funds	fund	NOUN
ajfa-5975	155	25	on	on	ADP
ajfa-5975	155	26	customer	customer	NOUN
ajfa-5975	155	27	accounts	account	NOUN
ajfa-5975	155	28	.	.	PUNCT
ajfa-5975	156	1	when	when	SCONJ
ajfa-5975	156	2	compared	compare	VERB
ajfa-5975	156	3	to	to	ADP
ajfa-5975	156	4	lloyds	lloyds	NOUN
ajfa-5975	156	5	and	and	CCONJ
ajfa-5975	156	6	hsbc	hsbc	PROPN
ajfa-5975	156	7	,	,	PUNCT
ajfa-5975	156	8	natwest	natwest	PROPN
ajfa-5975	156	9	shows	show	VERB
ajfa-5975	156	10	a	a	DET
ajfa-5975	156	11	different	different	ADJ
ajfa-5975	156	12	story	story	NOUN
ajfa-5975	156	13	with	with	ADP
ajfa-5975	156	14	noninterest	noninter	ADJ
ajfa-5975	156	15	income	income	NOUN
ajfa-5975	156	16	in	in	ADP
ajfa-5975	156	17	natwest	natwest	PROPN
ajfa-5975	156	18	higher	high	ADJ
ajfa-5975	156	19	than	than	ADP
ajfa-5975	156	20	interest	interest	NOUN
ajfa-5975	156	21	income	income	NOUN
ajfa-5975	156	22	from	from	ADP
ajfa-5975	156	23	1992	1992	NUM
ajfa-5975	156	24	through	through	ADP
ajfa-5975	156	25	to	to	ADP
ajfa-5975	156	26	2000	2000	NUM
ajfa-5975	156	27	as	as	SCONJ
ajfa-5975	156	28	shown	show	VERB
ajfa-5975	156	29	in	in	ADP
ajfa-5975	156	30	figure	figure	NOUN
ajfa-5975	156	31	(	(	PUNCT
ajfa-5975	156	32	9	9	NUM
ajfa-5975	156	33	)	)	PUNCT
ajfa-5975	156	34	(	(	PUNCT
ajfa-5975	156	35	appendix	appendix	NOUN
ajfa-5975	156	36	)	)	PUNCT
ajfa-5975	156	37	.	.	PUNCT
ajfa-5975	157	1	the	the	DET
ajfa-5975	157	2	income	income	NOUN
ajfa-5975	157	3	trend	trend	NOUN
ajfa-5975	157	4	for	for	ADP
ajfa-5975	157	5	natwest	natwest	PROPN
ajfa-5975	157	6	is	be	AUX
ajfa-5975	157	7	stable	stable	ADJ
ajfa-5975	157	8	as	as	ADP
ajfa-5975	157	9	compare	compare	NOUN
ajfa-5975	157	10	to	to	ADP
ajfa-5975	157	11	that	that	PRON
ajfa-5975	157	12	of	of	ADP
ajfa-5975	157	13	hsbc	hsbc	PROPN
ajfa-5975	157	14	and	and	CCONJ
ajfa-5975	157	15	lloyds	lloyd	NOUN
ajfa-5975	157	16	.	.	PUNCT
ajfa-5975	158	1	this	this	PRON
ajfa-5975	158	2	may	may	AUX
ajfa-5975	158	3	be	be	AUX
ajfa-5975	158	4	due	due	ADJ
ajfa-5975	158	5	to	to	ADP
ajfa-5975	158	6	what	what	PRON
ajfa-5975	158	7	mishkin	mishkin	NOUN
ajfa-5975	158	8	(	(	PUNCT
ajfa-5975	158	9	1999	1999	NUM
ajfa-5975	158	10	)	)	PUNCT
ajfa-5975	158	11	labelled	label	VERB
ajfa-5975	158	12	as	as	ADP
ajfa-5975	158	13	financial	financial	ADJ
ajfa-5975	158	14	innovation	innovation	NOUN
ajfa-5975	158	15	and	and	CCONJ
ajfa-5975	158	16	deregulation	deregulation	NOUN
ajfa-5975	158	17	that	that	PRON
ajfa-5975	158	18	created	create	VERB
ajfa-5975	158	19	attractive	attractive	ADJ
ajfa-5975	158	20	alternatives	alternative	NOUN
ajfa-5975	158	21	for	for	ADP
ajfa-5975	158	22	both	both	DET
ajfa-5975	158	23	depositors	depositor	NOUN
ajfa-5975	158	24	and	and	CCONJ
ajfa-5975	158	25	lenders	lender	NOUN
ajfa-5975	158	26	and	and	CCONJ
ajfa-5975	158	27	banks	bank	NOUN
ajfa-5975	158	28	as	as	ADV
ajfa-5975	158	29	well	well	ADV
ajfa-5975	158	30	.	.	PUNCT
ajfa-5975	159	1	after	after	SCONJ
ajfa-5975	159	2	the	the	DET
ajfa-5975	159	3	deregulation	deregulation	NOUN
ajfa-5975	159	4	period	period	NOUN
ajfa-5975	159	5	natwest	natwest	PROPN
ajfa-5975	159	6	doubled	double	VERB
ajfa-5975	159	7	the	the	DET
ajfa-5975	159	8	share	share	NOUN
ajfa-5975	159	9	of	of	ADP
ajfa-5975	159	10	their	their	PRON
ajfa-5975	159	11	income	income	NOUN
ajfa-5975	159	12	from	from	ADP
ajfa-5975	159	13	off	off	ADP
ajfa-5975	159	14	-	-	PUNCT
ajfa-5975	159	15	balance	balance	NOUN
ajfa-5975	159	16	sheet	sheet	NOUN
ajfa-5975	159	17	,	,	PUNCT
ajfa-5975	159	18	noninterest	noninter	ADJ
ajfa-5975	159	19	income	income	NOUN
ajfa-5975	159	20	activities	activity	NOUN
ajfa-5975	159	21	.	.	PUNCT
ajfa-5975	160	1	however	however	ADV
ajfa-5975	160	2	,	,	PUNCT
ajfa-5975	160	3	the	the	DET
ajfa-5975	160	4	bank	bank	NOUN
ajfa-5975	160	5	only	only	ADV
ajfa-5975	160	6	started	start	VERB
ajfa-5975	160	7	to	to	PART
ajfa-5975	160	8	report	report	VERB
ajfa-5975	160	9	the	the	DET
ajfa-5975	160	10	interest	interest	NOUN
ajfa-5975	160	11	income	income	NOUN
ajfa-5975	160	12	and	and	CCONJ
ajfa-5975	160	13	noninterest	noninter	ADJ
ajfa-5975	160	14	income	income	NOUN
ajfa-5975	160	15	in	in	ADP
ajfa-5975	160	16	their	their	PRON
ajfa-5975	160	17	financial	financial	ADJ
ajfa-5975	160	18	reports	report	NOUN
ajfa-5975	160	19	from	from	ADP
ajfa-5975	160	20	1993	1993	NUM
ajfa-5975	160	21	.	.	PUNCT
ajfa-5975	161	1	however	however	ADV
ajfa-5975	161	2	,	,	PUNCT
ajfa-5975	161	3	a	a	DET
ajfa-5975	161	4	review	review	NOUN
ajfa-5975	161	5	of	of	ADP
ajfa-5975	161	6	the	the	DET
ajfa-5975	161	7	banks	bank	NOUN
ajfa-5975	161	8	’	'	PUNCT
ajfa-5975	161	9	annual	annual	ADJ
ajfa-5975	161	10	statements	statement	NOUN
ajfa-5975	161	11	and	and	CCONJ
ajfa-5975	161	12	augmentation2	augmentation2	NOUN
ajfa-5975	161	13	with	with	ADP
ajfa-5975	161	14	other	other	ADJ
ajfa-5975	161	15	information	information	NOUN
ajfa-5975	161	16	shows	show	VERB
ajfa-5975	161	17	that	that	SCONJ
ajfa-5975	161	18	the	the	DET
ajfa-5975	161	19	interest	interest	NOUN
ajfa-5975	161	20	income	income	NOUN
ajfa-5975	161	21	of	of	ADP
ajfa-5975	161	22	the	the	DET
ajfa-5975	161	23	bank	bank	NOUN
ajfa-5975	161	24	accounted	account	VERB
ajfa-5975	161	25	for	for	ADP
ajfa-5975	161	26	62	62	NUM
ajfa-5975	161	27	%	%	NOUN
ajfa-5975	161	28	of	of	ADP
ajfa-5975	161	29	total	total	ADJ
ajfa-5975	161	30	income	income	NOUN
ajfa-5975	161	31	in	in	ADP
ajfa-5975	161	32	1988	1988	NUM
ajfa-5975	161	33	and	and	CCONJ
ajfa-5975	161	34	the	the	DET
ajfa-5975	161	35	steady	steady	ADJ
ajfa-5975	161	36	increase	increase	NOUN
ajfa-5975	161	37	in	in	ADP
ajfa-5975	161	38	income	income	NOUN
ajfa-5975	161	39	is	be	AUX
ajfa-5975	161	40	not	not	PART
ajfa-5975	161	41	only	only	ADV
ajfa-5975	161	42	from	from	ADP
ajfa-5975	161	43	increased	increase	VERB
ajfa-5975	161	44	volume	volume	NOUN
ajfa-5975	161	45	of	of	ADP
ajfa-5975	161	46	business	business	NOUN
ajfa-5975	161	47	but	but	CCONJ
ajfa-5975	161	48	effective	effective	ADJ
ajfa-5975	161	49	management	management	NOUN
ajfa-5975	161	50	of	of	ADP
ajfa-5975	161	51	interest	interest	NOUN
ajfa-5975	161	52	rate	rate	NOUN
ajfa-5975	161	53	exposure	exposure	NOUN
ajfa-5975	161	54	during	during	ADP
ajfa-5975	161	55	the	the	DET
ajfa-5975	161	56	period	period	NOUN
ajfa-5975	161	57	when	when	SCONJ
ajfa-5975	161	58	interest	interest	NOUN
ajfa-5975	161	59	rates	rate	NOUN
ajfa-5975	161	60	have	have	AUX
ajfa-5975	161	61	fluctuate	fluctuate	NOUN
ajfa-5975	161	62	significantly	significantly	ADV
ajfa-5975	161	63	.	.	PUNCT
ajfa-5975	162	1	in	in	ADP
ajfa-5975	162	2	the	the	DET
ajfa-5975	162	3	same	same	ADJ
ajfa-5975	162	4	breadth	breadth	NOUN
ajfa-5975	162	5	noninterest	noninter	ADJ
ajfa-5975	162	6	income	income	NOUN
ajfa-5975	162	7	grew	grow	VERB
ajfa-5975	162	8	by	by	ADP
ajfa-5975	162	9	68	68	NUM
ajfa-5975	162	10	%	%	NOUN
ajfa-5975	162	11	since	since	SCONJ
ajfa-5975	162	12	1984	1984	NUM
ajfa-5975	162	13	and	and	CCONJ
ajfa-5975	162	14	kept	keep	VERB
ajfa-5975	162	15	pace	pace	NOUN
ajfa-5975	162	16	with	with	ADP
ajfa-5975	162	17	the	the	DET
ajfa-5975	162	18	increase	increase	NOUN
ajfa-5975	162	19	in	in	ADP
ajfa-5975	162	20	interest	interest	NOUN
ajfa-5975	162	21	income	income	NOUN
ajfa-5975	162	22	over	over	ADP
ajfa-5975	162	23	the	the	DET
ajfa-5975	162	24	same	same	ADJ
ajfa-5975	162	25	period	period	NOUN
ajfa-5975	162	26	.	.	PUNCT
ajfa-5975	163	1	in	in	ADP
ajfa-5975	163	2	1990	1990	NUM
ajfa-5975	163	3	interest	interest	NOUN
ajfa-5975	163	4	income	income	NOUN
ajfa-5975	163	5	increased	increase	VERB
ajfa-5975	163	6	by	by	ADP
ajfa-5975	163	7	3	3	NUM
ajfa-5975	163	8	%	%	NOUN
ajfa-5975	163	9	while	while	SCONJ
ajfa-5975	163	10	noninterest	noninter	ADJ
ajfa-5975	163	11	income	income	NOUN
ajfa-5975	163	12	rose	rise	VERB
ajfa-5975	163	13	by	by	ADP
ajfa-5975	163	14	9	9	NUM
ajfa-5975	163	15	%	%	NOUN
ajfa-5975	163	16	despite	despite	SCONJ
ajfa-5975	163	17	the	the	DET
ajfa-5975	163	18	downturn	downturn	NOUN
ajfa-5975	163	19	in	in	ADP
ajfa-5975	163	20	economic	economic	ADJ
ajfa-5975	163	21	activities	activity	NOUN
ajfa-5975	163	22	in	in	ADP
ajfa-5975	163	23	major	major	ADJ
ajfa-5975	163	24	markets	market	NOUN
ajfa-5975	163	25	of	of	ADP
ajfa-5975	163	26	the	the	DET
ajfa-5975	163	27	group	group	NOUN
ajfa-5975	163	28	.	.	PUNCT
ajfa-5975	164	1	commission	commission	PROPN
ajfa-5975	164	2	income	income	NOUN
ajfa-5975	164	3	which	which	PRON
ajfa-5975	164	4	is	be	AUX
ajfa-5975	164	5	the	the	DET
ajfa-5975	164	6	main	main	ADJ
ajfa-5975	164	7	component	component	NOUN
ajfa-5975	164	8	of	of	ADP
ajfa-5975	164	9	noninterest	noninter	ADJ
ajfa-5975	164	10	income	income	NOUN
ajfa-5975	164	11	rose	rise	VERB
ajfa-5975	164	12	by	by	ADP
ajfa-5975	164	13	16	16	NUM
ajfa-5975	164	14	%	%	NOUN
ajfa-5975	164	15	.	.	PUNCT
ajfa-5975	165	1	although	although	SCONJ
ajfa-5975	165	2	the	the	DET
ajfa-5975	165	3	investment	investment	NOUN
ajfa-5975	165	4	banking	banking	NOUN
ajfa-5975	165	5	business	business	NOUN
ajfa-5975	165	6	of	of	ADP
ajfa-5975	165	7	natwest	natwest	PROPN
ajfa-5975	165	8	was	be	AUX
ajfa-5975	165	9	affected	affect	VERB
ajfa-5975	165	10	by	by	ADP
ajfa-5975	165	11	the	the	DET
ajfa-5975	165	12	deterioration	deterioration	NOUN
ajfa-5975	165	13	in	in	ADP
ajfa-5975	165	14	world	world	NOUN
ajfa-5975	165	15	stock	stock	NOUN
ajfa-5975	165	16	markets	market	NOUN
ajfa-5975	165	17	and	and	CCONJ
ajfa-5975	165	18	the	the	DET
ajfa-5975	165	19	uk	uk	PROPN
ajfa-5975	165	20	economy	economy	NOUN
ajfa-5975	165	21	in	in	ADP
ajfa-5975	165	22	1993	1993	NUM
ajfa-5975	165	23	noninterest	noninter	ADJ
ajfa-5975	165	24	income	income	NOUN
ajfa-5975	165	25	of	of	ADP
ajfa-5975	165	26	the	the	DET
ajfa-5975	165	27	bank	bank	NOUN
ajfa-5975	165	28	benefited	benefit	VERB
ajfa-5975	165	29	from	from	ADP
ajfa-5975	165	30	the	the	DET
ajfa-5975	165	31	launch	launch	NOUN
ajfa-5975	165	32	of	of	ADP
ajfa-5975	165	33	national	national	ADJ
ajfa-5975	165	34	westminster	westminster	NOUN
ajfa-5975	165	35	life	life	NOUN
ajfa-5975	165	36	assurance	assurance	NOUN
ajfa-5975	165	37	(	(	PUNCT
ajfa-5975	165	38	natwest	natw	ADJ
ajfa-5975	165	39	life	life	NOUN
ajfa-5975	165	40	)	)	PUNCT
ajfa-5975	165	41	and	and	CCONJ
ajfa-5975	165	42	increased	increase	VERB
ajfa-5975	165	43	popularity	popularity	NOUN
ajfa-5975	165	44	of	of	ADP
ajfa-5975	165	45	card	card	NOUN
ajfa-5975	165	46	and	and	CCONJ
ajfa-5975	165	47	electronic	electronic	ADJ
ajfa-5975	165	48	payment	payment	NOUN
ajfa-5975	165	49	system	system	NOUN
ajfa-5975	165	50	.	.	PUNCT
ajfa-5975	166	1	in	in	ADP
ajfa-5975	166	2	the	the	DET
ajfa-5975	166	3	same	same	ADJ
ajfa-5975	166	4	breadth	breadth	NOUN
ajfa-5975	166	5	the	the	DET
ajfa-5975	166	6	interest	interest	NOUN
ajfa-5975	166	7	income	income	NOUN
ajfa-5975	166	8	increased	increase	VERB
ajfa-5975	166	9	due	due	ADP
ajfa-5975	166	10	to	to	PART
ajfa-5975	166	11	increase	increase	VERB
ajfa-5975	166	12	in	in	ADP
ajfa-5975	166	13	home	home	NOUN
ajfa-5975	166	14	loans	loan	NOUN
ajfa-5975	166	15	in	in	ADP
ajfa-5975	166	16	1993	1993	NUM
ajfa-5975	166	17	subsequently	subsequently	ADV
ajfa-5975	166	18	,	,	PUNCT
ajfa-5975	166	19	fall	fall	VERB
ajfa-5975	166	20	in	in	ADP
ajfa-5975	166	21	1994	1994	NUM
ajfa-5975	166	22	due	due	ADP
ajfa-5975	166	23	to	to	ADP
ajfa-5975	166	24	subdued	subdued	ADJ
ajfa-5975	166	25	loan	loan	NOUN
ajfa-5975	166	26	demand	demand	NOUN
ajfa-5975	166	27	.	.	PUNCT
ajfa-5975	167	1	overall	overall	ADJ
ajfa-5975	167	2	,	,	PUNCT
ajfa-5975	167	3	interest	interest	NOUN
ajfa-5975	167	4	and	and	CCONJ
ajfa-5975	167	5	noninterest	noninter	ADJ
ajfa-5975	167	6	income	income	NOUN
ajfa-5975	167	7	trends	trend	NOUN
ajfa-5975	167	8	were	be	AUX
ajfa-5975	167	9	largely	largely	ADV
ajfa-5975	167	10	stable	stable	ADJ
ajfa-5975	167	11	over	over	ADP
ajfa-5975	167	12	the	the	DET
ajfa-5975	167	13	period	period	NOUN
ajfa-5975	167	14	of	of	ADP
ajfa-5975	167	15	1995	1995	NUM
ajfa-5975	167	16	-	-	SYM
ajfa-5975	167	17	2005	2005	NUM
ajfa-5975	167	18	however	however	ADV
ajfa-5975	167	19	a	a	DET
ajfa-5975	167	20	significant	significant	ADJ
ajfa-5975	167	21	decrease	decrease	NOUN
ajfa-5975	167	22	can	can	AUX
ajfa-5975	167	23	be	be	AUX
ajfa-5975	167	24	observed	observe	VERB
ajfa-5975	167	25	in	in	ADP
ajfa-5975	167	26	2008	2008	NUM
ajfa-5975	167	27	-	-	SYM
ajfa-5975	167	28	2009	2009	NUM
ajfa-5975	167	29	when	when	SCONJ
ajfa-5975	167	30	the	the	DET
ajfa-5975	167	31	noninterest	noninter	ADJ
ajfa-5975	167	32	income	income	NOUN
ajfa-5975	167	33	falls	fall	VERB
ajfa-5975	167	34	from	from	ADP
ajfa-5975	167	35	£	£	SYM
ajfa-5975	167	36	5397million	5397million	NOUN
ajfa-5975	167	37	to	to	ADP
ajfa-5975	167	38	£	£	SYM
ajfa-5975	167	39	3197million	3197million	NUM
ajfa-5975	167	40	.	.	PUNCT
ajfa-5975	168	1	2	2	NUM
ajfa-5975	168	2	augmentation	augmentation	NOUN
ajfa-5975	168	3	with	with	ADP
ajfa-5975	168	4	the	the	DET
ajfa-5975	168	5	directors	director	NOUN
ajfa-5975	168	6	reports	report	VERB
ajfa-5975	168	7	asian	asian	ADJ
ajfa-5975	168	8	journal	journal	NOUN
ajfa-5975	168	9	of	of	ADP
ajfa-5975	168	10	finance	finance	PROPN
ajfa-5975	168	11	&	&	CCONJ
ajfa-5975	168	12	accounting	accounting	PROPN
ajfa-5975	168	13	issn	issn	PROPN
ajfa-5975	168	14	1946	1946	NUM
ajfa-5975	168	15	-	-	PUNCT
ajfa-5975	168	16	052x	052x	PROPN
ajfa-5975	168	17	2014	2014	NUM
ajfa-5975	168	18	,	,	PUNCT
ajfa-5975	168	19	vol	vol	NOUN
ajfa-5975	168	20	.	.	PROPN
ajfa-5975	169	1	6	6	NUM
ajfa-5975	169	2	,	,	PUNCT
ajfa-5975	169	3	no	no	INTJ
ajfa-5975	169	4	.	.	NOUN
ajfa-5975	169	5	2	2	NUM
ajfa-5975	169	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	169	7	206	206	NUM
ajfa-5975	169	8	generally	generally	ADV
ajfa-5975	169	9	,	,	PUNCT
ajfa-5975	169	10	for	for	ADP
ajfa-5975	169	11	the	the	DET
ajfa-5975	169	12	period	period	NOUN
ajfa-5975	169	13	of	of	ADP
ajfa-5975	169	14	1986	1986	NUM
ajfa-5975	169	15	-	-	SYM
ajfa-5975	169	16	2012	2012	NUM
ajfa-5975	169	17	,	,	PUNCT
ajfa-5975	169	18	noninterest	noninter	ADJ
ajfa-5975	169	19	income	income	NOUN
ajfa-5975	169	20	in	in	ADP
ajfa-5975	169	21	natwest	natwest	PROPN
ajfa-5975	169	22	was	be	AUX
ajfa-5975	169	23	51	51	NUM
ajfa-5975	169	24	%	%	NOUN
ajfa-5975	169	25	of	of	ADP
ajfa-5975	169	26	total	total	ADJ
ajfa-5975	169	27	income	income	NOUN
ajfa-5975	169	28	which	which	PRON
ajfa-5975	169	29	is	be	AUX
ajfa-5975	169	30	higher	high	ADJ
ajfa-5975	169	31	than	than	ADP
ajfa-5975	169	32	interest	interest	NOUN
ajfa-5975	169	33	income	income	NOUN
ajfa-5975	169	34	which	which	PRON
ajfa-5975	169	35	constituted	constitute	VERB
ajfa-5975	169	36	only49	only49	PROPN
ajfa-5975	169	37	%	%	NOUN
ajfa-5975	169	38	.	.	PUNCT
ajfa-5975	170	1	the	the	DET
ajfa-5975	170	2	increase	increase	NOUN
ajfa-5975	170	3	in	in	ADP
ajfa-5975	170	4	noninterest	noninter	ADJ
ajfa-5975	170	5	income	income	NOUN
ajfa-5975	170	6	is	be	AUX
ajfa-5975	170	7	due	due	ADJ
ajfa-5975	170	8	to	to	ADP
ajfa-5975	170	9	increased	increase	VERB
ajfa-5975	170	10	engagement	engagement	NOUN
ajfa-5975	170	11	in	in	ADP
ajfa-5975	170	12	unlimited	unlimited	ADJ
ajfa-5975	170	13	derivatives	derivative	NOUN
ajfa-5975	170	14	activities	activity	NOUN
ajfa-5975	170	15	,	,	PUNCT
ajfa-5975	170	16	and	and	CCONJ
ajfa-5975	170	17	other	other	ADJ
ajfa-5975	170	18	debt	debt	NOUN
ajfa-5975	170	19	and	and	CCONJ
ajfa-5975	170	20	equity	equity	NOUN
ajfa-5975	170	21	securities	security	NOUN
ajfa-5975	170	22	as	as	SCONJ
ajfa-5975	170	23	shown	show	VERB
ajfa-5975	170	24	in	in	ADP
ajfa-5975	170	25	figure	figure	NOUN
ajfa-5975	170	26	(	(	PUNCT
ajfa-5975	170	27	10	10	NUM
ajfa-5975	170	28	)	)	PUNCT
ajfa-5975	170	29	in	in	ADP
ajfa-5975	170	30	appendix	appendix	NOUN
ajfa-5975	170	31	.	.	PUNCT
ajfa-5975	171	1	the	the	DET
ajfa-5975	171	2	asset	asset	NOUN
ajfa-5975	171	3	side	side	NOUN
ajfa-5975	171	4	of	of	ADP
ajfa-5975	171	5	natwest	natwest	PROPN
ajfa-5975	171	6	balance	balance	NOUN
ajfa-5975	171	7	sheet	sheet	NOUN
ajfa-5975	171	8	shows	show	VERB
ajfa-5975	171	9	that	that	SCONJ
ajfa-5975	171	10	the	the	DET
ajfa-5975	171	11	bank	bank	NOUN
ajfa-5975	171	12	invested	invest	VERB
ajfa-5975	171	13	a	a	DET
ajfa-5975	171	14	significant	significant	ADJ
ajfa-5975	171	15	amount	amount	NOUN
ajfa-5975	171	16	of	of	ADP
ajfa-5975	171	17	funds	fund	NOUN
ajfa-5975	171	18	in	in	ADP
ajfa-5975	171	19	debt	debt	NOUN
ajfa-5975	171	20	securities	security	NOUN
ajfa-5975	171	21	other	other	ADJ
ajfa-5975	171	22	investing	invest	VERB
ajfa-5975	171	23	assets	asset	NOUN
ajfa-5975	171	24	include	include	VERB
ajfa-5975	171	25	derivatives	derivative	NOUN
ajfa-5975	171	26	,	,	PUNCT
ajfa-5975	171	27	equity	equity	NOUN
ajfa-5975	171	28	securities	security	NOUN
ajfa-5975	171	29	,	,	PUNCT
ajfa-5975	171	30	and	and	CCONJ
ajfa-5975	171	31	dealing	deal	VERB
ajfa-5975	171	32	assets	asset	NOUN
ajfa-5975	171	33	as	as	SCONJ
ajfa-5975	171	34	shown	show	VERB
ajfa-5975	171	35	above	above	ADV
ajfa-5975	171	36	in	in	ADP
ajfa-5975	171	37	figure	figure	NOUN
ajfa-5975	171	38	(	(	PUNCT
ajfa-5975	171	39	10	10	NUM
ajfa-5975	171	40	)	)	PUNCT
ajfa-5975	171	41	in	in	ADP
ajfa-5975	171	42	appendix	appendix	NOUN
ajfa-5975	171	43	.	.	PUNCT
ajfa-5975	172	1	for	for	ADP
ajfa-5975	172	2	natwest	natw	ADJ
ajfa-5975	172	3	the	the	DET
ajfa-5975	172	4	results	result	NOUN
ajfa-5975	172	5	of	of	ADP
ajfa-5975	172	6	the	the	DET
ajfa-5975	172	7	research	research	NOUN
ajfa-5975	172	8	are	be	AUX
ajfa-5975	172	9	in	in	ADP
ajfa-5975	172	10	support	support	NOUN
ajfa-5975	172	11	of	of	ADP
ajfa-5975	172	12	edwards	edwards	PROPN
ajfa-5975	172	13	and	and	CCONJ
ajfa-5975	172	14	mishkin	mishkin	PROPN
ajfa-5975	172	15	(	(	PUNCT
ajfa-5975	172	16	1995	1995	NUM
ajfa-5975	172	17	)	)	PUNCT
ajfa-5975	172	18	reported	report	VERB
ajfa-5975	172	19	that	that	SCONJ
ajfa-5975	172	20	banks	bank	NOUN
ajfa-5975	172	21	have	have	AUX
ajfa-5975	172	22	increased	increase	VERB
ajfa-5975	172	23	their	their	PRON
ajfa-5975	172	24	participation	participation	NOUN
ajfa-5975	172	25	in	in	ADP
ajfa-5975	172	26	derivatives	derivative	NOUN
ajfa-5975	172	27	markets	market	NOUN
ajfa-5975	172	28	dramatically	dramatically	ADV
ajfa-5975	172	29	in	in	ADP
ajfa-5975	172	30	the	the	DET
ajfa-5975	172	31	last	last	ADJ
ajfa-5975	172	32	few	few	ADJ
ajfa-5975	172	33	years	year	NOUN
ajfa-5975	172	34	.	.	PUNCT
ajfa-5975	173	1	they	they	PRON
ajfa-5975	173	2	further	far	ADV
ajfa-5975	173	3	argue	argue	VERB
ajfa-5975	173	4	that	that	SCONJ
ajfa-5975	173	5	these	these	DET
ajfa-5975	173	6	derivatives	derivative	NOUN
ajfa-5975	173	7	are	be	AUX
ajfa-5975	173	8	held	hold	VERB
ajfa-5975	173	9	by	by	ADP
ajfa-5975	173	10	large	large	ADJ
ajfa-5975	173	11	banks	bank	NOUN
ajfa-5975	173	12	primarily	primarily	ADV
ajfa-5975	173	13	to	to	PART
ajfa-5975	173	14	facilitate	facilitate	VERB
ajfa-5975	173	15	their	their	PRON
ajfa-5975	173	16	dealings	dealing	NOUN
ajfa-5975	173	17	and	and	CCONJ
ajfa-5975	173	18	trading	trading	NOUN
ajfa-5975	173	19	operations	operation	NOUN
ajfa-5975	173	20	.	.	PUNCT
ajfa-5975	174	1	this	this	DET
ajfa-5975	174	2	increased	increase	VERB
ajfa-5975	174	3	participation	participation	NOUN
ajfa-5975	174	4	of	of	ADP
ajfa-5975	174	5	banks	bank	NOUN
ajfa-5975	174	6	in	in	ADP
ajfa-5975	174	7	derivatives	derivative	NOUN
ajfa-5975	174	8	markets	market	NOUN
ajfa-5975	174	9	has	have	AUX
ajfa-5975	174	10	been	be	AUX
ajfa-5975	174	11	a	a	DET
ajfa-5975	174	12	concern	concern	NOUN
ajfa-5975	174	13	for	for	ADP
ajfa-5975	174	14	both	both	DET
ajfa-5975	174	15	regulators	regulator	NOUN
ajfa-5975	174	16	and	and	CCONJ
ajfa-5975	174	17	legislators	legislator	NOUN
ajfa-5975	174	18	because	because	SCONJ
ajfa-5975	174	19	derivative	derivative	ADJ
ajfa-5975	174	20	will	will	AUX
ajfa-5975	174	21	enable	enable	VERB
ajfa-5975	174	22	banks	bank	NOUN
ajfa-5975	174	23	to	to	PART
ajfa-5975	174	24	take	take	VERB
ajfa-5975	174	25	more	more	ADJ
ajfa-5975	174	26	risk	risk	NOUN
ajfa-5975	174	27	than	than	SCONJ
ajfa-5975	174	28	is	be	AUX
ajfa-5975	174	29	prudent	prudent	ADJ
ajfa-5975	174	30	.	.	PUNCT
ajfa-5975	175	1	researchers	researcher	NOUN
ajfa-5975	175	2	(	(	PUNCT
ajfa-5975	175	3	kashia	kashia	PROPN
ajfa-5975	175	4	,	,	PUNCT
ajfa-5975	175	5	rajang	rajang	PROPN
ajfa-5975	175	6	and	and	CCONJ
ajfa-5975	175	7	stein	stein	PROPN
ajfa-5975	175	8	,	,	PUNCT
ajfa-5975	175	9	2002	2002	NUM
ajfa-5975	175	10	,	,	PUNCT
ajfa-5975	175	11	mishkin	mishkin	NOUN
ajfa-5975	175	12	,	,	PUNCT
ajfa-5975	175	13	1999	1999	NUM
ajfa-5975	175	14	)	)	PUNCT
ajfa-5975	175	15	argue	argue	VERB
ajfa-5975	175	16	that	that	SCONJ
ajfa-5975	175	17	such	such	ADJ
ajfa-5975	175	18	activities	activity	NOUN
ajfa-5975	175	19	are	be	AUX
ajfa-5975	175	20	riskier	risky	ADJ
ajfa-5975	175	21	than	than	ADP
ajfa-5975	175	22	traditional	traditional	ADJ
ajfa-5975	175	23	banking	banking	NOUN
ajfa-5975	175	24	activities	activity	NOUN
ajfa-5975	175	25	and	and	CCONJ
ajfa-5975	175	26	could	could	AUX
ajfa-5975	175	27	threaten	threaten	VERB
ajfa-5975	175	28	the	the	DET
ajfa-5975	175	29	stability	stability	NOUN
ajfa-5975	175	30	of	of	ADP
ajfa-5975	175	31	the	the	DET
ajfa-5975	175	32	entire	entire	ADJ
ajfa-5975	175	33	banking	banking	NOUN
ajfa-5975	175	34	system	system	NOUN
ajfa-5975	175	35	.	.	PUNCT
ajfa-5975	176	1	further	far	ADV
ajfa-5975	176	2	,	,	PUNCT
ajfa-5975	176	3	as	as	SCONJ
ajfa-5975	176	4	argued	argue	VERB
ajfa-5975	176	5	by	by	ADP
ajfa-5975	176	6	edward	edward	NOUN
ajfa-5975	176	7	and	and	CCONJ
ajfa-5975	176	8	mishkin	mishkin	PROPN
ajfa-5975	176	9	(	(	PUNCT
ajfa-5975	176	10	1995	1995	NUM
ajfa-5975	176	11	)	)	PUNCT
ajfa-5975	176	12	derivative	derivative	NOUN
ajfa-5975	176	13	are	be	AUX
ajfa-5975	176	14	often	often	ADV
ajfa-5975	176	15	complex	complex	ADJ
ajfa-5975	176	16	instruments	instrument	NOUN
ajfa-5975	176	17	and	and	CCONJ
ajfa-5975	176	18	need	need	VERB
ajfa-5975	176	19	sophisticated	sophisticated	ADJ
ajfa-5975	176	20	risk	risk	NOUN
ajfa-5975	176	21	control	control	NOUN
ajfa-5975	176	22	system	system	NOUN
ajfa-5975	176	23	to	to	PART
ajfa-5975	176	24	measure	measure	VERB
ajfa-5975	176	25	and	and	CCONJ
ajfa-5975	176	26	track	track	VERB
ajfa-5975	176	27	the	the	DET
ajfa-5975	176	28	potential	potential	ADJ
ajfa-5975	176	29	exposure	exposure	NOUN
ajfa-5975	176	30	of	of	ADP
ajfa-5975	176	31	bank	bank	NOUN
ajfa-5975	176	32	.	.	PUNCT
ajfa-5975	177	1	barclays	barclay	NOUN
ajfa-5975	177	2	shows	show	VERB
ajfa-5975	177	3	a	a	DET
ajfa-5975	177	4	totally	totally	ADV
ajfa-5975	177	5	different	different	ADJ
ajfa-5975	177	6	trend	trend	NOUN
ajfa-5975	177	7	due	due	ADP
ajfa-5975	177	8	to	to	ADP
ajfa-5975	177	9	its	its	PRON
ajfa-5975	177	10	huge	huge	ADJ
ajfa-5975	177	11	involvement	involvement	NOUN
ajfa-5975	177	12	in	in	ADP
ajfa-5975	177	13	investment	investment	NOUN
ajfa-5975	177	14	banking	banking	NOUN
ajfa-5975	177	15	operations	operation	NOUN
ajfa-5975	177	16	.	.	PUNCT
ajfa-5975	178	1	figure	figure	NOUN
ajfa-5975	178	2	(	(	PUNCT
ajfa-5975	178	3	11	11	NUM
ajfa-5975	178	4	)	)	PUNCT
ajfa-5975	178	5	in	in	ADP
ajfa-5975	178	6	appendix	appendix	PROPN
ajfa-5975	178	7	shows	show	VERB
ajfa-5975	178	8	the	the	DET
ajfa-5975	178	9	interest	interest	NOUN
ajfa-5975	178	10	and	and	CCONJ
ajfa-5975	178	11	noninterest	noninter	ADJ
ajfa-5975	178	12	income	income	NOUN
ajfa-5975	178	13	trend	trend	NOUN
ajfa-5975	178	14	of	of	ADP
ajfa-5975	178	15	barclays	barclay	NOUN
ajfa-5975	178	16	over	over	ADP
ajfa-5975	178	17	the	the	DET
ajfa-5975	178	18	period	period	NOUN
ajfa-5975	178	19	of	of	ADP
ajfa-5975	178	20	1986	1986	NUM
ajfa-5975	178	21	-	-	SYM
ajfa-5975	178	22	2012	2012	NUM
ajfa-5975	178	23	.	.	PUNCT
ajfa-5975	179	1	as	as	ADP
ajfa-5975	179	2	from	from	ADP
ajfa-5975	179	3	1986	1986	NUM
ajfa-5975	179	4	,	,	PUNCT
ajfa-5975	179	5	there	there	PRON
ajfa-5975	179	6	was	be	VERB
ajfa-5975	179	7	a	a	DET
ajfa-5975	179	8	strong	strong	ADJ
ajfa-5975	179	9	performance	performance	NOUN
ajfa-5975	179	10	from	from	ADP
ajfa-5975	179	11	central	central	ADJ
ajfa-5975	179	12	retail	retail	ADJ
ajfa-5975	179	13	services	service	NOUN
ajfa-5975	179	14	division	division	NOUN
ajfa-5975	179	15	interest	interest	NOUN
ajfa-5975	179	16	income	income	NOUN
ajfa-5975	179	17	has	have	AUX
ajfa-5975	179	18	steadily	steadily	ADV
ajfa-5975	179	19	increased	increase	VERB
ajfa-5975	179	20	since	since	SCONJ
ajfa-5975	179	21	1982	1982	NUM
ajfa-5975	179	22	by	by	ADP
ajfa-5975	179	23	an	an	DET
ajfa-5975	179	24	average	average	ADJ
ajfa-5975	179	25	annual	annual	ADJ
ajfa-5975	179	26	rate	rate	NOUN
ajfa-5975	179	27	of	of	ADP
ajfa-5975	179	28	11	11	NUM
ajfa-5975	179	29	%	%	NOUN
ajfa-5975	179	30	.	.	PUNCT
ajfa-5975	180	1	the	the	DET
ajfa-5975	180	2	non	non	ADJ
ajfa-5975	180	3	-	-	ADJ
ajfa-5975	180	4	interest	interest	ADJ
ajfa-5975	180	5	income	income	NOUN
ajfa-5975	180	6	increased	increase	VERB
ajfa-5975	180	7	from	from	ADP
ajfa-5975	180	8	£	£	SYM
ajfa-5975	180	9	1785	1785	NUM
ajfa-5975	180	10	to	to	ADP
ajfa-5975	180	11	£	£	SYM
ajfa-5975	180	12	2966	2966	NUM
ajfa-5975	180	13	in	in	ADP
ajfa-5975	180	14	1988	1988	NUM
ajfa-5975	180	15	which	which	PRON
ajfa-5975	180	16	was	be	AUX
ajfa-5975	180	17	an	an	DET
ajfa-5975	180	18	increase	increase	NOUN
ajfa-5975	180	19	of	of	ADP
ajfa-5975	180	20	42	42	NUM
ajfa-5975	180	21	%	%	NOUN
ajfa-5975	180	22	where	where	SCONJ
ajfa-5975	180	23	money	money	NOUN
ajfa-5975	180	24	transmission	transmission	NOUN
ajfa-5975	180	25	and	and	CCONJ
ajfa-5975	180	26	lending	lending	NOUN
ajfa-5975	180	27	fee	fee	NOUN
ajfa-5975	180	28	made	make	VERB
ajfa-5975	180	29	important	important	ADJ
ajfa-5975	180	30	contributions	contribution	NOUN
ajfa-5975	180	31	.	.	PUNCT
ajfa-5975	181	1	the	the	DET
ajfa-5975	181	2	interest	interest	NOUN
ajfa-5975	181	3	income	income	NOUN
ajfa-5975	181	4	increased	increase	VERB
ajfa-5975	181	5	to	to	ADP
ajfa-5975	181	6	£	£	SYM
ajfa-5975	181	7	3420	3420	NUM
ajfa-5975	181	8	million	million	NUM
ajfa-5975	181	9	in	in	ADP
ajfa-5975	181	10	1989	1989	NUM
ajfa-5975	181	11	due	due	ADP
ajfa-5975	181	12	to	to	ADP
ajfa-5975	181	13	stronger	strong	ADJ
ajfa-5975	181	14	balance	balance	NOUN
ajfa-5975	181	15	sheet	sheet	NOUN
ajfa-5975	181	16	growth	growth	NOUN
ajfa-5975	181	17	,	,	PUNCT
ajfa-5975	181	18	increase	increase	VERB
ajfa-5975	181	19	in	in	ADP
ajfa-5975	181	20	interest	interest	NOUN
ajfa-5975	181	21	rate	rate	NOUN
ajfa-5975	181	22	earning	earn	VERB
ajfa-5975	181	23	assets	asset	NOUN
ajfa-5975	181	24	to	to	ADP
ajfa-5975	181	25	12	12	NUM
ajfa-5975	181	26	%	%	NOUN
ajfa-5975	181	27	in	in	ADP
ajfa-5975	181	28	1987	1987	NUM
ajfa-5975	181	29	as	as	SCONJ
ajfa-5975	181	30	compare	compare	VERB
ajfa-5975	181	31	to	to	ADP
ajfa-5975	181	32	7	7	NUM
ajfa-5975	181	33	%	%	NOUN
ajfa-5975	181	34	in	in	ADP
ajfa-5975	181	35	1986	1986	NUM
ajfa-5975	181	36	.	.	PUNCT
ajfa-5975	182	1	it	it	PRON
ajfa-5975	182	2	can	can	AUX
ajfa-5975	182	3	also	also	ADV
ajfa-5975	182	4	be	be	AUX
ajfa-5975	182	5	argued	argue	VERB
ajfa-5975	182	6	that	that	SCONJ
ajfa-5975	182	7	this	this	DET
ajfa-5975	182	8	increase	increase	NOUN
ajfa-5975	182	9	was	be	AUX
ajfa-5975	182	10	due	due	ADJ
ajfa-5975	182	11	to	to	ADP
ajfa-5975	182	12	falling	fall	VERB
ajfa-5975	182	13	interest	interest	NOUN
ajfa-5975	182	14	rates	rate	NOUN
ajfa-5975	182	15	in	in	ADP
ajfa-5975	182	16	both	both	DET
ajfa-5975	182	17	1987	1987	NUM
ajfa-5975	182	18	and	and	CCONJ
ajfa-5975	182	19	1986	1986	NUM
ajfa-5975	182	20	.	.	PUNCT
ajfa-5975	183	1	furthermore	furthermore	ADV
ajfa-5975	183	2	,	,	PUNCT
ajfa-5975	183	3	the	the	DET
ajfa-5975	183	4	interest	interest	NOUN
ajfa-5975	183	5	income	income	NOUN
ajfa-5975	183	6	increased	increase	VERB
ajfa-5975	183	7	in	in	ADP
ajfa-5975	183	8	1987	1987	NUM
ajfa-5975	183	9	and	and	CCONJ
ajfa-5975	183	10	1988	1988	NUM
ajfa-5975	183	11	by	by	ADP
ajfa-5975	183	12	11	11	NUM
ajfa-5975	183	13	%	%	NOUN
ajfa-5975	183	14	and	and	CCONJ
ajfa-5975	183	15	8	8	NUM
ajfa-5975	183	16	%	%	NOUN
ajfa-5975	183	17	respectively	respectively	ADV
ajfa-5975	183	18	due	due	ADJ
ajfa-5975	183	19	to	to	ADP
ajfa-5975	183	20	growth	growth	NOUN
ajfa-5975	183	21	in	in	ADP
ajfa-5975	183	22	lending	lending	NOUN
ajfa-5975	183	23	in	in	ADP
ajfa-5975	183	24	the	the	DET
ajfa-5975	183	25	domestic	domestic	ADJ
ajfa-5975	183	26	uk	uk	PROPN
ajfa-5975	183	27	banking	banking	NOUN
ajfa-5975	183	28	.	.	PUNCT
ajfa-5975	184	1	the	the	DET
ajfa-5975	184	2	interest	interest	NOUN
ajfa-5975	184	3	income	income	NOUN
ajfa-5975	184	4	came	come	VERB
ajfa-5975	184	5	under	under	ADP
ajfa-5975	184	6	pressure	pressure	NOUN
ajfa-5975	184	7	in	in	ADP
ajfa-5975	184	8	the	the	DET
ajfa-5975	184	9	second	second	ADJ
ajfa-5975	184	10	half	half	NOUN
ajfa-5975	184	11	of	of	ADP
ajfa-5975	184	12	1988	1988	NUM
ajfa-5975	184	13	due	due	ADJ
ajfa-5975	184	14	to	to	PART
ajfa-5975	184	15	increase	increase	VERB
ajfa-5975	184	16	in	in	ADP
ajfa-5975	184	17	interest	interest	NOUN
ajfa-5975	184	18	rates	rate	NOUN
ajfa-5975	184	19	.	.	PUNCT
ajfa-5975	185	1	noninterest	noninter	ADJ
ajfa-5975	185	2	income	income	NOUN
ajfa-5975	185	3	improved	improve	VERB
ajfa-5975	185	4	by	by	ADP
ajfa-5975	185	5	15	15	NUM
ajfa-5975	185	6	%	%	NOUN
ajfa-5975	185	7	in	in	ADP
ajfa-5975	185	8	1988	1988	NUM
ajfa-5975	185	9	however	however	ADV
ajfa-5975	185	10	,	,	PUNCT
ajfa-5975	185	11	the	the	DET
ajfa-5975	185	12	contribution	contribution	NOUN
ajfa-5975	185	13	of	of	ADP
ajfa-5975	185	14	noninterest	noninter	ADJ
ajfa-5975	185	15	income	income	NOUN
ajfa-5975	185	16	was	be	AUX
ajfa-5975	185	17	38	38	NUM
ajfa-5975	185	18	%	%	NOUN
ajfa-5975	185	19	of	of	ADP
ajfa-5975	185	20	total	total	ADJ
ajfa-5975	185	21	income	income	NOUN
ajfa-5975	185	22	compared	compare	VERB
ajfa-5975	185	23	to	to	ADP
ajfa-5975	185	24	37	37	NUM
ajfa-5975	185	25	%	%	NOUN
ajfa-5975	185	26	in	in	ADP
ajfa-5975	185	27	1987	1987	NUM
ajfa-5975	185	28	.	.	PUNCT
ajfa-5975	186	1	for	for	ADP
ajfa-5975	186	2	noninterest	noninter	ADJ
ajfa-5975	186	3	income	income	NOUN
ajfa-5975	186	4	,	,	PUNCT
ajfa-5975	186	5	commission	commission	NOUN
ajfa-5975	186	6	in	in	ADP
ajfa-5975	186	7	particular	particular	ADJ
ajfa-5975	186	8	increased	increase	VERB
ajfa-5975	186	9	by	by	ADP
ajfa-5975	186	10	12	12	NUM
ajfa-5975	186	11	%	%	NOUN
ajfa-5975	186	12	in	in	ADP
ajfa-5975	186	13	1989	1989	NUM
ajfa-5975	186	14	.	.	PUNCT
ajfa-5975	187	1	however	however	ADV
ajfa-5975	187	2	,	,	PUNCT
ajfa-5975	187	3	a	a	DET
ajfa-5975	187	4	drop	drop	NOUN
ajfa-5975	187	5	in	in	ADP
ajfa-5975	187	6	both	both	DET
ajfa-5975	187	7	interest	interest	NOUN
ajfa-5975	187	8	income	income	NOUN
ajfa-5975	187	9	and	and	CCONJ
ajfa-5975	187	10	noninterest	noninter	ADJ
ajfa-5975	187	11	income	income	NOUN
ajfa-5975	187	12	is	be	AUX
ajfa-5975	187	13	observed	observe	VERB
ajfa-5975	187	14	in	in	ADP
ajfa-5975	187	15	1994	1994	NUM
ajfa-5975	187	16	due	due	ADP
ajfa-5975	187	17	to	to	PART
ajfa-5975	187	18	2	2	NUM
ajfa-5975	187	19	%	%	NOUN
ajfa-5975	187	20	reduction	reduction	NOUN
ajfa-5975	187	21	in	in	ADP
ajfa-5975	187	22	gross	gross	ADJ
ajfa-5975	187	23	fees	fee	NOUN
ajfa-5975	187	24	and	and	CCONJ
ajfa-5975	187	25	commission	commission	NOUN
ajfa-5975	187	26	due	due	ADJ
ajfa-5975	187	27	to	to	PART
ajfa-5975	187	28	decline	decline	VERB
ajfa-5975	187	29	in	in	ADP
ajfa-5975	187	30	lending	lending	NOUN
ajfa-5975	187	31	fee	fee	NOUN
ajfa-5975	187	32	because	because	SCONJ
ajfa-5975	187	33	of	of	ADP
ajfa-5975	187	34	lower	low	ADJ
ajfa-5975	187	35	volumes	volume	NOUN
ajfa-5975	187	36	.	.	PUNCT
ajfa-5975	188	1	interest	interest	NOUN
ajfa-5975	188	2	income	income	NOUN
ajfa-5975	188	3	in	in	ADP
ajfa-5975	188	4	1998	1998	NUM
ajfa-5975	188	5	increased	increase	VERB
ajfa-5975	188	6	as	as	SCONJ
ajfa-5975	188	7	compare	compare	VERB
ajfa-5975	188	8	to	to	ADP
ajfa-5975	188	9	noninterest	noninter	ADJ
ajfa-5975	188	10	income	income	NOUN
ajfa-5975	188	11	due	due	ADJ
ajfa-5975	188	12	to	to	PART
ajfa-5975	188	13	maintained	maintain	VERB
ajfa-5975	188	14	overall	overall	ADJ
ajfa-5975	188	15	deposits	deposit	NOUN
ajfa-5975	188	16	and	and	CCONJ
ajfa-5975	188	17	lending	lending	NOUN
ajfa-5975	188	18	levels	level	NOUN
ajfa-5975	188	19	.	.	PUNCT
ajfa-5975	189	1	however	however	ADV
ajfa-5975	189	2	,	,	PUNCT
ajfa-5975	189	3	a	a	DET
ajfa-5975	189	4	stable	stable	ADJ
ajfa-5975	189	5	interest	interest	NOUN
ajfa-5975	189	6	and	and	CCONJ
ajfa-5975	189	7	noninterest	noninter	ADJ
ajfa-5975	189	8	income	income	NOUN
ajfa-5975	189	9	trend	trend	NOUN
ajfa-5975	189	10	is	be	AUX
ajfa-5975	189	11	observed	observe	VERB
ajfa-5975	189	12	till	till	SCONJ
ajfa-5975	189	13	2012	2012	NUM
ajfa-5975	189	14	with	with	ADP
ajfa-5975	189	15	a	a	DET
ajfa-5975	189	16	slight	slight	ADJ
ajfa-5975	189	17	drop	drop	NOUN
ajfa-5975	189	18	in	in	ADP
ajfa-5975	189	19	noninterest	noninter	ADJ
ajfa-5975	189	20	income	income	NOUN
ajfa-5975	189	21	in	in	ADP
ajfa-5975	189	22	2005	2005	NUM
ajfa-5975	189	23	.	.	PUNCT
ajfa-5975	190	1	barclay	barclay	PROPN
ajfa-5975	190	2	’s	’s	PART
ajfa-5975	190	3	investment	investment	NOUN
ajfa-5975	190	4	banking	banking	NOUN
ajfa-5975	190	5	arm	arm	NOUN
ajfa-5975	190	6	was	be	AUX
ajfa-5975	190	7	considered	consider	VERB
ajfa-5975	190	8	as	as	ADP
ajfa-5975	190	9	a	a	DET
ajfa-5975	190	10	primary	primary	ADJ
ajfa-5975	190	11	source	source	NOUN
ajfa-5975	190	12	of	of	ADP
ajfa-5975	190	13	increase	increase	NOUN
ajfa-5975	190	14	in	in	ADP
ajfa-5975	190	15	noninterest	noninter	ADJ
ajfa-5975	190	16	income	income	NOUN
ajfa-5975	190	17	due	due	ADP
ajfa-5975	190	18	to	to	ADP
ajfa-5975	190	19	increased	increase	VERB
ajfa-5975	190	20	commodity	commodity	NOUN
ajfa-5975	190	21	products	product	NOUN
ajfa-5975	190	22	and	and	CCONJ
ajfa-5975	190	23	improved	improved	ADJ
ajfa-5975	190	24	performance	performance	NOUN
ajfa-5975	190	25	.	.	PUNCT
ajfa-5975	191	1	however	however	ADV
ajfa-5975	191	2	,	,	PUNCT
ajfa-5975	191	3	interest	interest	NOUN
ajfa-5975	191	4	income	income	NOUN
ajfa-5975	191	5	remained	remain	VERB
ajfa-5975	191	6	constant	constant	ADJ
ajfa-5975	191	7	in	in	ADP
ajfa-5975	191	8	2011	2011	NUM
ajfa-5975	191	9	-	-	SYM
ajfa-5975	191	10	2012	2012	NUM
ajfa-5975	191	11	notwithstanding	notwithstanding	ADP
ajfa-5975	191	12	the	the	DET
ajfa-5975	191	13	group	group	NOUN
ajfa-5975	191	14	facing	face	VERB
ajfa-5975	191	15	a	a	DET
ajfa-5975	191	16	decline	decline	NOUN
ajfa-5975	191	17	in	in	ADP
ajfa-5975	191	18	interest	interest	NOUN
ajfa-5975	191	19	margin	margin	NOUN
ajfa-5975	191	20	due	due	ADP
ajfa-5975	191	21	to	to	ADP
ajfa-5975	191	22	reduced	reduce	VERB
ajfa-5975	191	23	benefits	benefit	NOUN
ajfa-5975	191	24	from	from	ADP
ajfa-5975	191	25	group	group	PROPN
ajfa-5975	191	26	structural	structural	ADJ
ajfa-5975	191	27	interest	interest	NOUN
ajfa-5975	191	28	rate	rate	NOUN
ajfa-5975	191	29	and	and	CCONJ
ajfa-5975	191	30	hedging	hedging	NOUN
ajfa-5975	191	31	activities	activity	NOUN
ajfa-5975	191	32	.	.	PUNCT
ajfa-5975	192	1	asian	asian	ADJ
ajfa-5975	192	2	journal	journal	PROPN
ajfa-5975	192	3	of	of	ADP
ajfa-5975	192	4	finance	finance	PROPN
ajfa-5975	192	5	&	&	CCONJ
ajfa-5975	192	6	accounting	accounting	PROPN
ajfa-5975	192	7	issn	issn	PROPN
ajfa-5975	192	8	1946	1946	NUM
ajfa-5975	192	9	-	-	PUNCT
ajfa-5975	192	10	052x	052x	PROPN
ajfa-5975	192	11	2014	2014	NUM
ajfa-5975	192	12	,	,	PUNCT
ajfa-5975	192	13	vol	vol	NOUN
ajfa-5975	192	14	.	.	PROPN
ajfa-5975	192	15	6	6	NUM
ajfa-5975	192	16	,	,	PUNCT
ajfa-5975	192	17	no	no	INTJ
ajfa-5975	192	18	.	.	NOUN
ajfa-5975	192	19	2	2	NUM
ajfa-5975	192	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	192	21	207	207	NUM
ajfa-5975	192	22	rbs	rbs	PROPN
ajfa-5975	192	23	follows	follow	VERB
ajfa-5975	192	24	a	a	DET
ajfa-5975	192	25	slightly	slightly	ADV
ajfa-5975	192	26	different	different	ADJ
ajfa-5975	192	27	trend	trend	NOUN
ajfa-5975	192	28	when	when	SCONJ
ajfa-5975	192	29	it	it	PRON
ajfa-5975	192	30	comes	come	VERB
ajfa-5975	192	31	to	to	ADP
ajfa-5975	192	32	interest	interest	NOUN
ajfa-5975	192	33	and	and	CCONJ
ajfa-5975	192	34	noninterest	noninter	ADJ
ajfa-5975	192	35	income	income	NOUN
ajfa-5975	192	36	from	from	ADP
ajfa-5975	192	37	1994	1994	NUM
ajfa-5975	192	38	-	-	SYM
ajfa-5975	192	39	2012	2012	NUM
ajfa-5975	192	40	as	as	SCONJ
ajfa-5975	192	41	shown	show	VERB
ajfa-5975	192	42	in	in	ADP
ajfa-5975	192	43	the	the	DET
ajfa-5975	192	44	figure	figure	NOUN
ajfa-5975	192	45	(	(	PUNCT
ajfa-5975	192	46	12	12	NUM
ajfa-5975	192	47	)	)	PUNCT
ajfa-5975	192	48	in	in	ADP
ajfa-5975	192	49	appendix	appendix	NOUN
ajfa-5975	192	50	(	(	PUNCT
ajfa-5975	192	51	the	the	DET
ajfa-5975	192	52	figureure	figureure	NOUN
ajfa-5975	192	53	shows	show	VERB
ajfa-5975	192	54	the	the	DET
ajfa-5975	192	55	data	datum	NOUN
ajfa-5975	192	56	from	from	ADP
ajfa-5975	192	57	1994	1994	NUM
ajfa-5975	192	58	because	because	SCONJ
ajfa-5975	192	59	rbs	rbs	PROPN
ajfa-5975	192	60	started	start	VERB
ajfa-5975	192	61	reporting	report	VERB
ajfa-5975	192	62	non	non	ADJ
ajfa-5975	192	63	-	-	ADJ
ajfa-5975	192	64	interest	interest	ADJ
ajfa-5975	192	65	income	income	NOUN
ajfa-5975	192	66	in	in	ADP
ajfa-5975	192	67	1994	1994	NUM
ajfa-5975	192	68	)	)	PUNCT
ajfa-5975	192	69	.	.	PUNCT
ajfa-5975	193	1	the	the	DET
ajfa-5975	193	2	interest	interest	NOUN
ajfa-5975	193	3	income	income	NOUN
ajfa-5975	193	4	and	and	CCONJ
ajfa-5975	193	5	noninterest	noninter	ADJ
ajfa-5975	193	6	income	income	NOUN
ajfa-5975	193	7	steadily	steadily	ADV
ajfa-5975	193	8	increased	increase	VERB
ajfa-5975	193	9	over	over	ADP
ajfa-5975	193	10	the	the	DET
ajfa-5975	193	11	period	period	NOUN
ajfa-5975	193	12	of	of	ADP
ajfa-5975	193	13	1994	1994	NUM
ajfa-5975	193	14	-	-	SYM
ajfa-5975	193	15	2000	2000	NUM
ajfa-5975	193	16	.	.	PUNCT
ajfa-5975	194	1	an	an	DET
ajfa-5975	194	2	increase	increase	NOUN
ajfa-5975	194	3	in	in	ADP
ajfa-5975	194	4	noninterest	noninter	ADJ
ajfa-5975	194	5	income	income	NOUN
ajfa-5975	194	6	is	be	AUX
ajfa-5975	194	7	evident	evident	ADJ
ajfa-5975	194	8	in	in	ADP
ajfa-5975	194	9	2003	2003	NUM
ajfa-5975	194	10	where	where	SCONJ
ajfa-5975	194	11	noninterest	noninter	ADJ
ajfa-5975	194	12	income	income	NOUN
ajfa-5975	194	13	is	be	AUX
ajfa-5975	194	14	19	19	NUM
ajfa-5975	194	15	%	%	NOUN
ajfa-5975	194	16	higher	high	ADJ
ajfa-5975	194	17	than	than	ADP
ajfa-5975	194	18	interest	interest	NOUN
ajfa-5975	194	19	income	income	NOUN
ajfa-5975	194	20	which	which	PRON
ajfa-5975	194	21	further	far	ADV
ajfa-5975	194	22	became	become	VERB
ajfa-5975	194	23	equal	equal	ADJ
ajfa-5975	194	24	to	to	ADP
ajfa-5975	194	25	noninterest	noninter	ADJ
ajfa-5975	194	26	income	income	NOUN
ajfa-5975	194	27	in	in	ADP
ajfa-5975	194	28	2005	2005	NUM
ajfa-5975	194	29	.	.	PUNCT
ajfa-5975	195	1	from	from	ADP
ajfa-5975	195	2	2001	2001	NUM
ajfa-5975	195	3	-	-	SYM
ajfa-5975	195	4	2007	2007	NUM
ajfa-5975	195	5	non	non	ADJ
ajfa-5975	195	6	-	-	ADJ
ajfa-5975	195	7	interest	interest	ADJ
ajfa-5975	195	8	income	income	NOUN
ajfa-5975	195	9	is	be	AUX
ajfa-5975	195	10	significantly	significantly	ADV
ajfa-5975	195	11	higher	high	ADJ
ajfa-5975	195	12	than	than	ADP
ajfa-5975	195	13	interest	interest	NOUN
ajfa-5975	195	14	income	income	NOUN
ajfa-5975	195	15	.	.	PUNCT
ajfa-5975	196	1	a	a	DET
ajfa-5975	196	2	significant	significant	ADJ
ajfa-5975	196	3	fall	fall	NOUN
ajfa-5975	196	4	in	in	ADP
ajfa-5975	196	5	noninterest	noninter	ADJ
ajfa-5975	196	6	income	income	NOUN
ajfa-5975	196	7	is	be	AUX
ajfa-5975	196	8	observed	observe	VERB
ajfa-5975	196	9	in	in	ADP
ajfa-5975	196	10	2008	2008	NUM
ajfa-5975	196	11	where	where	SCONJ
ajfa-5975	196	12	noninterest	noninter	ADJ
ajfa-5975	196	13	income	income	NOUN
ajfa-5975	196	14	fell	fall	VERB
ajfa-5975	196	15	from	from	ADP
ajfa-5975	196	16	£	£	SYM
ajfa-5975	196	17	11191	11191	NUM
ajfa-5975	196	18	m	m	NOUN
ajfa-5975	196	19	in	in	ADP
ajfa-5975	196	20	2007	2007	NUM
ajfa-5975	196	21	to	to	ADP
ajfa-5975	196	22	£	£	SYM
ajfa-5975	196	23	2348	2348	NUM
ajfa-5975	196	24	m	m	NOUN
ajfa-5975	196	25	in	in	ADP
ajfa-5975	196	26	2008	2008	NUM
ajfa-5975	196	27	due	due	ADP
ajfa-5975	196	28	to	to	ADP
ajfa-5975	196	29	the	the	DET
ajfa-5975	196	30	financial	financial	ADJ
ajfa-5975	196	31	turmoil	turmoil	NOUN
ajfa-5975	196	32	all	all	ADV
ajfa-5975	196	33	over	over	ADP
ajfa-5975	196	34	the	the	DET
ajfa-5975	196	35	world	world	NOUN
ajfa-5975	196	36	,	,	PUNCT
ajfa-5975	196	37	the	the	DET
ajfa-5975	196	38	demand	demand	NOUN
ajfa-5975	196	39	for	for	ADP
ajfa-5975	196	40	marketable	marketable	ADJ
ajfa-5975	196	41	securities	security	NOUN
ajfa-5975	196	42	reduced	reduce	VERB
ajfa-5975	196	43	and	and	CCONJ
ajfa-5975	196	44	due	due	ADJ
ajfa-5975	196	45	to	to	ADP
ajfa-5975	196	46	increased	increase	VERB
ajfa-5975	196	47	mortgage	mortgage	NOUN
ajfa-5975	196	48	default	default	NOUN
ajfa-5975	196	49	commission	commission	NOUN
ajfa-5975	196	50	fee	fee	NOUN
ajfa-5975	196	51	reduced	reduce	VERB
ajfa-5975	196	52	.	.	PUNCT
ajfa-5975	197	1	total	total	ADJ
ajfa-5975	197	2	income	income	NOUN
ajfa-5975	197	3	of	of	ADP
ajfa-5975	197	4	the	the	DET
ajfa-5975	197	5	bank	bank	NOUN
ajfa-5975	197	6	increased	increase	VERB
ajfa-5975	197	7	by	by	ADP
ajfa-5975	197	8	3	3	NUM
ajfa-5975	197	9	%	%	NOUN
ajfa-5975	197	10	in	in	ADP
ajfa-5975	197	11	2007	2007	NUM
ajfa-5975	197	12	where	where	SCONJ
ajfa-5975	197	13	interest	interest	NOUN
ajfa-5975	197	14	income	income	NOUN
ajfa-5975	197	15	increased	increase	VERB
ajfa-5975	197	16	by	by	ADP
ajfa-5975	197	17	7	7	NUM
ajfa-5975	197	18	%	%	NOUN
ajfa-5975	197	19	but	but	CCONJ
ajfa-5975	197	20	commission	commission	NOUN
ajfa-5975	197	21	payable	payable	NOUN
ajfa-5975	197	22	increased	increase	VERB
ajfa-5975	197	23	by	by	ADP
ajfa-5975	197	24	5	5	NUM
ajfa-5975	197	25	%	%	NOUN
ajfa-5975	197	26	to	to	ADP
ajfa-5975	197	27	£	£	SYM
ajfa-5975	197	28	1469	1469	NUM
ajfa-5975	197	29	m.	m.	NOUN
ajfa-5975	197	30	the	the	DET
ajfa-5975	197	31	reason	reason	NOUN
ajfa-5975	197	32	behind	behind	ADP
ajfa-5975	197	33	the	the	DET
ajfa-5975	197	34	decline	decline	NOUN
ajfa-5975	197	35	in	in	ADP
ajfa-5975	197	36	noninterest	noninter	ADJ
ajfa-5975	197	37	income	income	NOUN
ajfa-5975	197	38	was	be	AUX
ajfa-5975	197	39	due	due	ADJ
ajfa-5975	197	40	to	to	ADP
ajfa-5975	197	41	a	a	DET
ajfa-5975	197	42	55	55	NUM
ajfa-5975	197	43	%	%	NOUN
ajfa-5975	197	44	decrease	decrease	NOUN
ajfa-5975	197	45	in	in	ADP
ajfa-5975	197	46	trading	trading	NOUN
ajfa-5975	197	47	activities	activity	NOUN
ajfa-5975	197	48	due	due	ADJ
ajfa-5975	197	49	to	to	ADP
ajfa-5975	197	50	write	write	VERB
ajfa-5975	197	51	-	-	PUNCT
ajfa-5975	197	52	down	down	ADP
ajfa-5975	197	53	reflecting	reflect	VERB
ajfa-5975	197	54	the	the	DET
ajfa-5975	197	55	weaknesses	weakness	NOUN
ajfa-5975	197	56	in	in	ADP
ajfa-5975	197	57	us	us	PROPN
ajfa-5975	197	58	housing	housing	NOUN
ajfa-5975	197	59	market	market	NOUN
ajfa-5975	197	60	.	.	PUNCT
ajfa-5975	198	1	the	the	DET
ajfa-5975	198	2	interest	interest	NOUN
ajfa-5975	198	3	income	income	NOUN
ajfa-5975	198	4	fell	fall	VERB
ajfa-5975	198	5	by	by	ADP
ajfa-5975	198	6	7	7	NUM
ajfa-5975	198	7	%	%	NOUN
ajfa-5975	198	8	to	to	ADP
ajfa-5975	198	9	£	£	SYM
ajfa-5975	198	10	11298	11298	NUM
ajfa-5975	198	11	m	m	NOUN
ajfa-5975	198	12	due	due	ADJ
ajfa-5975	198	13	to	to	PART
ajfa-5975	198	14	run	run	VERB
ajfa-5975	198	15	off	off	ADP
ajfa-5975	198	16	balances	balance	NOUN
ajfa-5975	198	17	,	,	PUNCT
ajfa-5975	198	18	high	high	ADJ
ajfa-5975	198	19	risk	risk	NOUN
ajfa-5975	198	20	segment	segment	NOUN
ajfa-5975	198	21	in	in	ADP
ajfa-5975	198	22	no	no	DET
ajfa-5975	198	23	core	core	NOUN
ajfa-5975	198	24	and	and	CCONJ
ajfa-5975	198	25	exit	exit	NOUN
ajfa-5975	198	26	of	of	ADP
ajfa-5975	198	27	higher	high	ADJ
ajfa-5975	198	28	margin	margin	NOUN
ajfa-5975	198	29	.	.	PUNCT
ajfa-5975	199	1	additionally	additionally	ADV
ajfa-5975	199	2	this	this	PRON
ajfa-5975	199	3	is	be	AUX
ajfa-5975	199	4	due	due	ADJ
ajfa-5975	199	5	to	to	ADP
ajfa-5975	199	6	the	the	DET
ajfa-5975	199	7	fact	fact	NOUN
ajfa-5975	199	8	that	that	SCONJ
ajfa-5975	199	9	compared	compare	VERB
ajfa-5975	199	10	to	to	ADP
ajfa-5975	199	11	other	other	ADJ
ajfa-5975	199	12	banks	bank	NOUN
ajfa-5975	199	13	rbs	rbs	PROPN
ajfa-5975	199	14	was	be	AUX
ajfa-5975	199	15	highly	highly	ADV
ajfa-5975	199	16	exposed	expose	VERB
ajfa-5975	199	17	to	to	ADP
ajfa-5975	199	18	the	the	DET
ajfa-5975	199	19	housing	housing	NOUN
ajfa-5975	199	20	market	market	NOUN
ajfa-5975	199	21	due	due	ADP
ajfa-5975	199	22	to	to	ADP
ajfa-5975	199	23	the	the	DET
ajfa-5975	199	24	nature	nature	NOUN
ajfa-5975	199	25	of	of	ADP
ajfa-5975	199	26	its	its	PRON
ajfa-5975	199	27	operations	operation	NOUN
ajfa-5975	199	28	.	.	PUNCT
ajfa-5975	200	1	the	the	DET
ajfa-5975	200	2	noninterest	noninter	ADJ
ajfa-5975	200	3	income	income	NOUN
ajfa-5975	200	4	decreased	decrease	VERB
ajfa-5975	200	5	to	to	ADP
ajfa-5975	200	6	£	£	SYM
ajfa-5975	200	7	10508	10508	NUM
ajfa-5975	200	8	m	m	NOUN
ajfa-5975	200	9	from	from	ADP
ajfa-5975	200	10	£	£	SYM
ajfa-5975	200	11	11593	11593	NUM
ajfa-5975	200	12	m	m	NOUN
ajfa-5975	200	13	in	in	ADP
ajfa-5975	200	14	2010.the	2010.the	DET
ajfa-5975	200	15	noninterest	noninter	ADJ
ajfa-5975	200	16	income	income	NOUN
ajfa-5975	200	17	of	of	ADP
ajfa-5975	200	18	the	the	DET
ajfa-5975	200	19	bank	bank	NOUN
ajfa-5975	200	20	also	also	ADV
ajfa-5975	200	21	decreased	decrease	VERB
ajfa-5975	200	22	in	in	ADP
ajfa-5975	200	23	the	the	DET
ajfa-5975	200	24	first	first	ADJ
ajfa-5975	200	25	quarter	quarter	NOUN
ajfa-5975	200	26	of	of	ADP
ajfa-5975	200	27	2012	2012	NUM
ajfa-5975	200	28	which	which	PRON
ajfa-5975	200	29	reflects	reflect	VERB
ajfa-5975	200	30	lower	low	ADJ
ajfa-5975	200	31	gains	gain	NOUN
ajfa-5975	200	32	in	in	ADP
ajfa-5975	200	33	non	non	ADJ
ajfa-5975	200	34	-	-	ADJ
ajfa-5975	200	35	core	core	ADJ
ajfa-5975	200	36	income	income	NOUN
ajfa-5975	200	37	as	as	SCONJ
ajfa-5975	200	38	investors	investor	NOUN
ajfa-5975	200	39	’	'	PUNCT
ajfa-5975	200	40	confidence	confidence	NOUN
ajfa-5975	200	41	waned	wane	VERB
ajfa-5975	200	42	and	and	CCONJ
ajfa-5975	200	43	lower	low	ADJ
ajfa-5975	200	44	international	international	ADJ
ajfa-5975	200	45	client	client	NOUN
ajfa-5975	200	46	activities	activity	NOUN
ajfa-5975	200	47	.	.	PUNCT
ajfa-5975	201	1	these	these	DET
ajfa-5975	201	2	results	result	NOUN
ajfa-5975	201	3	are	be	AUX
ajfa-5975	201	4	in	in	ADP
ajfa-5975	201	5	line	line	NOUN
ajfa-5975	201	6	with	with	ADP
ajfa-5975	201	7	the	the	DET
ajfa-5975	201	8	kpmg	kpmg	PROPN
ajfa-5975	201	9	(	(	PUNCT
ajfa-5975	201	10	2012	2012	NUM
ajfa-5975	201	11	)	)	PUNCT
ajfa-5975	201	12	uk	uk	PROPN
ajfa-5975	201	13	banking	banking	NOUN
ajfa-5975	201	14	performance	performance	NOUN
ajfa-5975	201	15	report	report	NOUN
ajfa-5975	201	16	which	which	PRON
ajfa-5975	201	17	indicates	indicate	VERB
ajfa-5975	201	18	that	that	SCONJ
ajfa-5975	201	19	this	this	DET
ajfa-5975	201	20	decrease	decrease	NOUN
ajfa-5975	201	21	in	in	ADP
ajfa-5975	201	22	rbs	rbs	PROPN
ajfa-5975	201	23	’s	’s	PART
ajfa-5975	201	24	noninterest	noninter	ADJ
ajfa-5975	201	25	income	income	NOUN
ajfa-5975	201	26	can	can	AUX
ajfa-5975	201	27	also	also	ADV
ajfa-5975	201	28	be	be	AUX
ajfa-5975	201	29	due	due	ADJ
ajfa-5975	201	30	to	to	ADP
ajfa-5975	201	31	decreased	decrease	VERB
ajfa-5975	201	32	card	card	NOUN
ajfa-5975	201	33	transaction	transaction	NOUN
ajfa-5975	201	34	volume	volume	NOUN
ajfa-5975	201	35	and	and	CCONJ
ajfa-5975	201	36	the	the	DET
ajfa-5975	201	37	impact	impact	NOUN
ajfa-5975	201	38	of	of	ADP
ajfa-5975	201	39	exit	exit	NOUN
ajfa-5975	201	40	of	of	ADP
ajfa-5975	201	41	certain	certain	ADJ
ajfa-5975	201	42	businesses	business	NOUN
ajfa-5975	201	43	from	from	ADP
ajfa-5975	201	44	insurance	insurance	NOUN
ajfa-5975	201	45	businesses	business	NOUN
ajfa-5975	201	46	.	.	PUNCT
ajfa-5975	202	1	overall	overall	ADJ
ajfa-5975	202	2	,	,	PUNCT
ajfa-5975	202	3	as	as	SCONJ
ajfa-5975	202	4	indicated	indicate	VERB
ajfa-5975	202	5	in	in	ADP
ajfa-5975	202	6	literature	literature	NOUN
ajfa-5975	202	7	and	and	CCONJ
ajfa-5975	202	8	as	as	SCONJ
ajfa-5975	202	9	discussed	discuss	VERB
ajfa-5975	202	10	above	above	ADV
ajfa-5975	202	11	,	,	PUNCT
ajfa-5975	202	12	the	the	DET
ajfa-5975	202	13	increased	increase	VERB
ajfa-5975	202	14	importance	importance	NOUN
ajfa-5975	202	15	of	of	ADP
ajfa-5975	202	16	fee	fee	NOUN
ajfa-5975	202	17	income	income	NOUN
ajfa-5975	202	18	at	at	ADP
ajfa-5975	202	19	commercial	commercial	ADJ
ajfa-5975	202	20	banking	banking	NOUN
ajfa-5975	202	21	companies	company	NOUN
ajfa-5975	202	22	is	be	AUX
ajfa-5975	202	23	a	a	DET
ajfa-5975	202	24	direct	direct	ADJ
ajfa-5975	202	25	result	result	NOUN
ajfa-5975	202	26	of	of	ADP
ajfa-5975	202	27	structural	structural	ADJ
ajfa-5975	202	28	changes	change	NOUN
ajfa-5975	202	29	such	such	ADJ
ajfa-5975	202	30	as	as	ADP
ajfa-5975	202	31	industry	industry	NOUN
ajfa-5975	202	32	deregulation	deregulation	NOUN
ajfa-5975	202	33	.	.	PUNCT
ajfa-5975	203	1	however	however	ADV
ajfa-5975	203	2	the	the	DET
ajfa-5975	203	3	impact	impact	NOUN
ajfa-5975	203	4	of	of	ADP
ajfa-5975	203	5	new	new	ADJ
ajfa-5975	203	6	information	information	NOUN
ajfa-5975	203	7	technologies	technology	NOUN
ajfa-5975	203	8	and	and	CCONJ
ajfa-5975	203	9	financial	financial	ADJ
ajfa-5975	203	10	innovation	innovation	NOUN
ajfa-5975	203	11	can	can	AUX
ajfa-5975	203	12	not	not	PART
ajfa-5975	203	13	be	be	AUX
ajfa-5975	203	14	disregarded	disregard	VERB
ajfa-5975	203	15	.	.	PUNCT
ajfa-5975	204	1	the	the	DET
ajfa-5975	204	2	relationship	relationship	NOUN
ajfa-5975	204	3	between	between	ADP
ajfa-5975	204	4	interest	interest	NOUN
ajfa-5975	204	5	income	income	NOUN
ajfa-5975	204	6	and	and	CCONJ
ajfa-5975	204	7	non	non	ADJ
ajfa-5975	204	8	-	-	ADJ
ajfa-5975	204	9	interest	interest	ADJ
ajfa-5975	204	10	income	income	NOUN
ajfa-5975	204	11	is	be	AUX
ajfa-5975	204	12	explore	explore	NOUN
ajfa-5975	204	13	in	in	ADP
ajfa-5975	204	14	more	more	ADJ
ajfa-5975	204	15	detail	detail	NOUN
ajfa-5975	204	16	in	in	ADP
ajfa-5975	204	17	the	the	DET
ajfa-5975	204	18	next	next	ADJ
ajfa-5975	204	19	section	section	NOUN
ajfa-5975	204	20	.	.	PUNCT
ajfa-5975	205	1	correlation	correlation	NOUN
ajfa-5975	205	2	analysis	analysis	NOUN
ajfa-5975	205	3	:	:	PUNCT
ajfa-5975	205	4	in	in	ADP
ajfa-5975	205	5	this	this	DET
ajfa-5975	205	6	section	section	NOUN
ajfa-5975	205	7	we	we	PRON
ajfa-5975	205	8	examine	examine	VERB
ajfa-5975	205	9	the	the	DET
ajfa-5975	205	10	correlation	correlation	NOUN
ajfa-5975	205	11	between	between	ADP
ajfa-5975	205	12	interest	interest	NOUN
ajfa-5975	205	13	income	income	NOUN
ajfa-5975	205	14	and	and	CCONJ
ajfa-5975	205	15	non	non	ADJ
ajfa-5975	205	16	-	-	ADJ
ajfa-5975	205	17	interest	interest	ADJ
ajfa-5975	205	18	income	income	NOUN
ajfa-5975	205	19	in	in	ADP
ajfa-5975	205	20	uk	uk	PROPN
ajfa-5975	205	21	banks	bank	NOUN
ajfa-5975	205	22	after	after	ADP
ajfa-5975	205	23	deregulation	deregulation	NOUN
ajfa-5975	205	24	from	from	ADP
ajfa-5975	205	25	1986	1986	NUM
ajfa-5975	205	26	-	-	SYM
ajfa-5975	205	27	2012	2012	NUM
ajfa-5975	205	28	to	to	PART
ajfa-5975	205	29	investigate	investigate	VERB
ajfa-5975	205	30	the	the	DET
ajfa-5975	205	31	effect	effect	NOUN
ajfa-5975	205	32	of	of	ADP
ajfa-5975	205	33	the	the	DET
ajfa-5975	205	34	banks	bank	NOUN
ajfa-5975	205	35	shift	shift	VERB
ajfa-5975	205	36	towards	towards	ADP
ajfa-5975	205	37	non	non	ADJ
ajfa-5975	205	38	-	-	ADJ
ajfa-5975	205	39	traditional	traditional	ADJ
ajfa-5975	205	40	banking	banking	NOUN
ajfa-5975	205	41	activities	activity	NOUN
ajfa-5975	205	42	which	which	PRON
ajfa-5975	205	43	have	have	AUX
ajfa-5975	205	44	resulted	result	VERB
ajfa-5975	205	45	in	in	ADP
ajfa-5975	205	46	significant	significant	ADJ
ajfa-5975	205	47	increase	increase	NOUN
ajfa-5975	205	48	in	in	ADP
ajfa-5975	205	49	noninterest	noninter	ADJ
ajfa-5975	205	50	income	income	NOUN
ajfa-5975	205	51	.	.	PUNCT
ajfa-5975	206	1	the	the	DET
ajfa-5975	206	2	first	first	ADJ
ajfa-5975	206	3	table	table	NOUN
ajfa-5975	206	4	present	present	VERB
ajfa-5975	206	5	the	the	DET
ajfa-5975	206	6	descriptive	descriptive	ADJ
ajfa-5975	206	7	statistics	statistic	NOUN
ajfa-5975	206	8	while	while	SCONJ
ajfa-5975	206	9	table	table	NOUN
ajfa-5975	206	10	2	2	NUM
ajfa-5975	206	11	presents	present	VERB
ajfa-5975	206	12	the	the	DET
ajfa-5975	206	13	results	result	NOUN
ajfa-5975	206	14	of	of	ADP
ajfa-5975	206	15	the	the	DET
ajfa-5975	206	16	regression	regression	NOUN
ajfa-5975	206	17	.	.	PUNCT
ajfa-5975	207	1	table	table	NOUN
ajfa-5975	207	2	1	1	NUM
ajfa-5975	207	3	.	.	PUNCT
ajfa-5975	208	1	summary	summary	NOUN
ajfa-5975	208	2	statistics	statistic	NOUN
ajfa-5975	208	3	variable	variable	ADJ
ajfa-5975	208	4	mean	mean	VERB
ajfa-5975	208	5	std	std	X
ajfa-5975	208	6	.	.	PUNCT
ajfa-5975	209	1	deviation	deviation	NOUN
ajfa-5975	209	2	interest	interest	NOUN
ajfa-5975	209	3	income	income	NOUN
ajfa-5975	209	4	3545619382.716	3545619382.716	NUM
ajfa-5975	209	5	1987398802.739	1987398802.739	NUM
ajfa-5975	209	6	non	non	ADJ
ajfa-5975	209	7	-	-	ADJ
ajfa-5975	209	8	interest	interest	ADJ
ajfa-5975	209	9	income	income	NOUN
ajfa-5975	209	10	3851142777.778	3851142777.778	PROPN
ajfa-5975	209	11	2190002242.222	2190002242.222	NUM
ajfa-5975	209	12	asian	asian	ADJ
ajfa-5975	209	13	journal	journal	NOUN
ajfa-5975	209	14	of	of	ADP
ajfa-5975	209	15	finance	finance	PROPN
ajfa-5975	209	16	&	&	CCONJ
ajfa-5975	209	17	accounting	accounting	PROPN
ajfa-5975	209	18	issn	issn	PROPN
ajfa-5975	209	19	1946	1946	NUM
ajfa-5975	209	20	-	-	PUNCT
ajfa-5975	209	21	052x	052x	PROPN
ajfa-5975	209	22	2014	2014	NUM
ajfa-5975	209	23	,	,	PUNCT
ajfa-5975	209	24	vol	vol	NOUN
ajfa-5975	209	25	.	.	PROPN
ajfa-5975	209	26	6	6	NUM
ajfa-5975	209	27	,	,	PUNCT
ajfa-5975	209	28	no	no	INTJ
ajfa-5975	209	29	.	.	NOUN
ajfa-5975	209	30	2	2	NUM
ajfa-5975	209	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	209	32	208	208	NUM
ajfa-5975	209	33	the	the	DET
ajfa-5975	209	34	correlation	correlation	NOUN
ajfa-5975	209	35	between	between	ADP
ajfa-5975	209	36	interest	interest	NOUN
ajfa-5975	209	37	and	and	CCONJ
ajfa-5975	209	38	non	non	ADJ
ajfa-5975	209	39	-	-	ADJ
ajfa-5975	209	40	interest	interest	ADJ
ajfa-5975	209	41	income	income	NOUN
ajfa-5975	209	42	is	be	AUX
ajfa-5975	209	43	displayed	display	VERB
ajfa-5975	209	44	in	in	ADP
ajfa-5975	209	45	table	table	NOUN
ajfa-5975	209	46	(	(	PUNCT
ajfa-5975	209	47	2	2	NUM
ajfa-5975	209	48	)	)	PUNCT
ajfa-5975	209	49	below	below	ADP
ajfa-5975	209	50	table	table	NOUN
ajfa-5975	209	51	2	2	NUM
ajfa-5975	209	52	.	.	PUNCT
ajfa-5975	209	53	correlation	correlation	NOUN
ajfa-5975	209	54	matrix	matrix	NOUN
ajfa-5975	209	55	(	(	PUNCT
ajfa-5975	209	56	pearson	pearson	PROPN
ajfa-5975	209	57	)	)	PUNCT
ajfa-5975	209	58	variables	variable	VERB
ajfa-5975	209	59	interest	interest	NOUN
ajfa-5975	209	60	income	income	PROPN
ajfa-5975	209	61	non	non	ADJ
ajfa-5975	209	62	-	-	ADJ
ajfa-5975	209	63	interest	interest	ADJ
ajfa-5975	209	64	income	income	NOUN
ajfa-5975	209	65	interest	interest	NOUN
ajfa-5975	209	66	income	income	NOUN
ajfa-5975	209	67	1	1	NUM
ajfa-5975	209	68	0.941	0.941	NUM
ajfa-5975	209	69	non	non	ADJ
ajfa-5975	209	70	-	-	ADJ
ajfa-5975	209	71	interest	interest	ADJ
ajfa-5975	209	72	income	income	NOUN
ajfa-5975	209	73	0.941	0.941	NUM
ajfa-5975	209	74	1	1	NUM
ajfa-5975	209	75	figure	figure	NOUN
ajfa-5975	209	76	13	13	NUM
ajfa-5975	209	77	.	.	PUNCT
ajfa-5975	210	1	correlation	correlation	NOUN
ajfa-5975	210	2	between	between	ADP
ajfa-5975	210	3	interest	interest	NOUN
ajfa-5975	210	4	and	and	CCONJ
ajfa-5975	210	5	non	non	ADJ
ajfa-5975	210	6	-	-	ADJ
ajfa-5975	210	7	interest	interest	ADJ
ajfa-5975	210	8	income	income	NOUN
ajfa-5975	210	9	the	the	DET
ajfa-5975	210	10	results	result	NOUN
ajfa-5975	210	11	of	of	ADP
ajfa-5975	210	12	this	this	DET
ajfa-5975	210	13	study	study	NOUN
ajfa-5975	210	14	indicate	indicate	VERB
ajfa-5975	210	15	that	that	SCONJ
ajfa-5975	210	16	for	for	SCONJ
ajfa-5975	210	17	the	the	DET
ajfa-5975	210	18	uk	uk	PROPN
ajfa-5975	210	19	banks	bank	NOUN
ajfa-5975	210	20	interest	interest	NOUN
ajfa-5975	210	21	income	income	NOUN
ajfa-5975	210	22	and	and	CCONJ
ajfa-5975	210	23	non	non	ADJ
ajfa-5975	210	24	-	-	ADJ
ajfa-5975	210	25	interest	interest	ADJ
ajfa-5975	210	26	income	income	NOUN
ajfa-5975	210	27	are	be	AUX
ajfa-5975	210	28	highly	highly	ADV
ajfa-5975	210	29	positive	positive	ADJ
ajfa-5975	210	30	correlated	correlate	VERB
ajfa-5975	210	31	.	.	PUNCT
ajfa-5975	211	1	the	the	DET
ajfa-5975	211	2	correlation	correlation	NOUN
ajfa-5975	211	3	indicates	indicate	VERB
ajfa-5975	211	4	that	that	SCONJ
ajfa-5975	211	5	a	a	DET
ajfa-5975	211	6	unit	unit	NOUN
ajfa-5975	211	7	increase	increase	NOUN
ajfa-5975	211	8	in	in	ADP
ajfa-5975	211	9	interest	interest	NOUN
ajfa-5975	211	10	income	income	NOUN
ajfa-5975	211	11	increases	increase	VERB
ajfa-5975	211	12	the	the	DET
ajfa-5975	211	13	non	non	ADJ
ajfa-5975	211	14	-	-	ADJ
ajfa-5975	211	15	interest	interest	ADJ
ajfa-5975	211	16	income	income	NOUN
ajfa-5975	211	17	by	by	ADP
ajfa-5975	211	18	0.941	0.941	NUM
ajfa-5975	211	19	units	unit	NOUN
ajfa-5975	211	20	.	.	PUNCT
ajfa-5975	212	1	this	this	DET
ajfa-5975	212	2	high	high	ADJ
ajfa-5975	212	3	correlation	correlation	NOUN
ajfa-5975	212	4	between	between	ADP
ajfa-5975	212	5	selected	select	VERB
ajfa-5975	212	6	variables	variable	NOUN
ajfa-5975	212	7	shows	show	VERB
ajfa-5975	212	8	that	that	SCONJ
ajfa-5975	212	9	the	the	DET
ajfa-5975	212	10	major	major	ADJ
ajfa-5975	212	11	uk	uk	PROPN
ajfa-5975	212	12	banks	bank	NOUN
ajfa-5975	212	13	are	be	AUX
ajfa-5975	212	14	shifting	shift	VERB
ajfa-5975	212	15	predominantly	predominantly	ADV
ajfa-5975	212	16	from	from	ADP
ajfa-5975	212	17	interest	interest	NOUN
ajfa-5975	212	18	income	income	NOUN
ajfa-5975	212	19	to	to	ADP
ajfa-5975	212	20	non	non	ADJ
ajfa-5975	212	21	-	-	ADJ
ajfa-5975	212	22	interest	interest	ADJ
ajfa-5975	212	23	income	income	NOUN
ajfa-5975	212	24	.	.	PUNCT
ajfa-5975	213	1	the	the	DET
ajfa-5975	213	2	non	non	ADJ
ajfa-5975	213	3	-	-	ADJ
ajfa-5975	213	4	interest	interest	ADJ
ajfa-5975	213	5	income	income	NOUN
ajfa-5975	213	6	is	be	AUX
ajfa-5975	213	7	increasing	increase	VERB
ajfa-5975	213	8	and	and	CCONJ
ajfa-5975	213	9	at	at	ADP
ajfa-5975	213	10	the	the	DET
ajfa-5975	213	11	same	same	ADJ
ajfa-5975	213	12	time	time	NOUN
ajfa-5975	213	13	interest	interest	NOUN
ajfa-5975	213	14	income	income	NOUN
ajfa-5975	213	15	is	be	AUX
ajfa-5975	213	16	increasing	increase	VERB
ajfa-5975	213	17	at	at	ADP
ajfa-5975	213	18	a	a	DET
ajfa-5975	213	19	decreasing	decrease	VERB
ajfa-5975	213	20	rate	rate	NOUN
ajfa-5975	213	21	.	.	PUNCT
ajfa-5975	214	1	it	it	PRON
ajfa-5975	214	2	is	be	AUX
ajfa-5975	214	3	difficult	difficult	ADJ
ajfa-5975	214	4	to	to	PART
ajfa-5975	214	5	explain	explain	VERB
ajfa-5975	214	6	these	these	DET
ajfa-5975	214	7	results	result	NOUN
ajfa-5975	214	8	but	but	CCONJ
ajfa-5975	214	9	a	a	DET
ajfa-5975	214	10	possible	possible	ADJ
ajfa-5975	214	11	explanation	explanation	NOUN
ajfa-5975	214	12	may	may	AUX
ajfa-5975	214	13	be	be	AUX
ajfa-5975	214	14	that	that	SCONJ
ajfa-5975	214	15	banks	bank	NOUN
ajfa-5975	214	16	may	may	AUX
ajfa-5975	214	17	be	be	AUX
ajfa-5975	214	18	changing	change	VERB
ajfa-5975	214	19	the	the	DET
ajfa-5975	214	20	way	way	NOUN
ajfa-5975	214	21	they	they	PRON
ajfa-5975	214	22	conduct	conduct	VERB
ajfa-5975	214	23	traditional	traditional	ADJ
ajfa-5975	214	24	banking	banking	NOUN
ajfa-5975	214	25	activities	activity	NOUN
ajfa-5975	214	26	consequent	consequent	ADJ
ajfa-5975	214	27	of	of	ADP
ajfa-5975	214	28	the	the	DET
ajfa-5975	214	29	increased	increase	VERB
ajfa-5975	214	30	competition	competition	NOUN
ajfa-5975	214	31	from	from	ADP
ajfa-5975	214	32	other	other	ADJ
ajfa-5975	214	33	nonbanking	nonbanking	ADJ
ajfa-5975	214	34	institutions	institution	NOUN
ajfa-5975	214	35	,	,	PUNCT
ajfa-5975	214	36	building	build	VERB
ajfa-5975	214	37	societies	society	NOUN
ajfa-5975	214	38	and	and	CCONJ
ajfa-5975	214	39	finance	finance	NOUN
ajfa-5975	214	40	house	house	NOUN
ajfa-5975	214	41	after	after	ADP
ajfa-5975	214	42	deregulation	deregulation	NOUN
ajfa-5975	214	43	which	which	PRON
ajfa-5975	214	44	increases	increase	VERB
ajfa-5975	214	45	interest	interest	NOUN
ajfa-5975	214	46	income	income	NOUN
ajfa-5975	214	47	.	.	PUNCT
ajfa-5975	215	1	in	in	ADP
ajfa-5975	215	2	this	this	DET
ajfa-5975	215	3	context	context	NOUN
ajfa-5975	215	4	to	to	PART
ajfa-5975	215	5	meet	meet	VERB
ajfa-5975	215	6	this	this	DET
ajfa-5975	215	7	competition	competition	NOUN
ajfa-5975	215	8	banking	banking	NOUN
ajfa-5975	215	9	sector	sector	NOUN
ajfa-5975	215	10	was	be	AUX
ajfa-5975	215	11	required	require	VERB
ajfa-5975	215	12	to	to	PART
ajfa-5975	215	13	be	be	AUX
ajfa-5975	215	14	re	re	VERB
ajfa-5975	215	15	-	-	VERB
ajfa-5975	215	16	oriented	orient	VERB
ajfa-5975	215	17	to	to	PART
ajfa-5975	215	18	be	be	AUX
ajfa-5975	215	19	in	in	ADP
ajfa-5975	215	20	tune	tune	NOUN
ajfa-5975	215	21	with	with	ADP
ajfa-5975	215	22	global	global	ADJ
ajfa-5975	215	23	market	market	NOUN
ajfa-5975	215	24	and	and	CCONJ
ajfa-5975	215	25	consumer	consumer	NOUN
ajfa-5975	215	26	demands	demand	NOUN
ajfa-5975	215	27	.	.	PUNCT
ajfa-5975	216	1	hence	hence	ADV
ajfa-5975	216	2	in	in	ADP
ajfa-5975	216	3	order	order	NOUN
ajfa-5975	216	4	to	to	PART
ajfa-5975	216	5	meet	meet	VERB
ajfa-5975	216	6	the	the	DET
ajfa-5975	216	7	challenges	challenge	NOUN
ajfa-5975	216	8	of	of	ADP
ajfa-5975	216	9	competition	competition	NOUN
ajfa-5975	216	10	from	from	ADP
ajfa-5975	216	11	non	non	ADJ
ajfa-5975	216	12	-	-	ADJ
ajfa-5975	216	13	banking	banking	ADJ
ajfa-5975	216	14	financial	financial	ADJ
ajfa-5975	216	15	institutions	institution	NOUN
ajfa-5975	216	16	,	,	PUNCT
ajfa-5975	216	17	banks	bank	NOUN
ajfa-5975	216	18	have	have	AUX
ajfa-5975	216	19	started	start	VERB
ajfa-5975	216	20	to	to	PART
ajfa-5975	216	21	restructure	restructure	VERB
ajfa-5975	216	22	their	their	PRON
ajfa-5975	216	23	business	business	NOUN
ajfa-5975	216	24	and	and	CCONJ
ajfa-5975	216	25	in	in	ADP
ajfa-5975	216	26	the	the	DET
ajfa-5975	216	27	name	name	NOUN
ajfa-5975	216	28	of	of	ADP
ajfa-5975	216	29	innovative	innovative	ADJ
ajfa-5975	216	30	products	product	NOUN
ajfa-5975	216	31	started	start	VERB
ajfa-5975	216	32	selling	sell	VERB
ajfa-5975	216	33	the	the	DET
ajfa-5975	216	34	loans	loan	NOUN
ajfa-5975	216	35	by	by	ADP
ajfa-5975	216	36	packaging	package	VERB
ajfa-5975	216	37	them	they	PRON
ajfa-5975	216	38	through	through	ADP
ajfa-5975	216	39	securitisation	securitisation	NOUN
ajfa-5975	216	40	which	which	PRON
ajfa-5975	216	41	ultimately	ultimately	ADV
ajfa-5975	216	42	adds	add	VERB
ajfa-5975	216	43	to	to	ADP
ajfa-5975	216	44	non	non	ADJ
ajfa-5975	216	45	-	-	ADJ
ajfa-5975	216	46	interest	interest	ADJ
ajfa-5975	216	47	income	income	NOUN
ajfa-5975	216	48	.	.	PUNCT
ajfa-5975	217	1	this	this	PRON
ajfa-5975	217	2	supports	support	VERB
ajfa-5975	217	3	the	the	DET
ajfa-5975	217	4	views	view	NOUN
ajfa-5975	217	5	shared	share	VERB
ajfa-5975	217	6	by	by	ADP
ajfa-5975	217	7	uppal	uppal	NOUN
ajfa-5975	217	8	(	(	PUNCT
ajfa-5975	217	9	2011	2011	NUM
ajfa-5975	217	10	)	)	PUNCT
ajfa-5975	217	11	.	.	PUNCT
ajfa-5975	218	1	the	the	DET
ajfa-5975	218	2	non	non	ADJ
ajfa-5975	218	3	-	-	ADJ
ajfa-5975	218	4	interest	interest	ADJ
ajfa-5975	218	5	income	income	NOUN
ajfa-5975	218	6	is	be	AUX
ajfa-5975	218	7	composed	compose	VERB
ajfa-5975	218	8	of	of	ADP
ajfa-5975	218	9	many	many	ADJ
ajfa-5975	218	10	possible	possible	ADJ
ajfa-5975	218	11	income	income	NOUN
ajfa-5975	218	12	streams	stream	NOUN
ajfa-5975	218	13	such	such	ADJ
ajfa-5975	218	14	as	as	ADP
ajfa-5975	218	15	fee	fee	NOUN
ajfa-5975	218	16	income	income	NOUN
ajfa-5975	218	17	,	,	PUNCT
ajfa-5975	218	18	commission	commission	NOUN
ajfa-5975	218	19	and	and	CCONJ
ajfa-5975	218	20	the	the	DET
ajfa-5975	218	21	returns	return	NOUN
ajfa-5975	218	22	on	on	ADP
ajfa-5975	218	23	trading	trading	NOUN
ajfa-5975	218	24	assets	asset	NOUN
ajfa-5975	218	25	which	which	PRON
ajfa-5975	218	26	could	could	AUX
ajfa-5975	218	27	increase	increase	VERB
ajfa-5975	218	28	even	even	ADV
ajfa-5975	218	29	if	if	SCONJ
ajfa-5975	218	30	banks	bank	NOUN
ajfa-5975	218	31	are	be	AUX
ajfa-5975	218	32	focusing	focus	VERB
ajfa-5975	218	33	more	more	ADV
ajfa-5975	218	34	on	on	ADP
ajfa-5975	218	35	traditional	traditional	ADJ
ajfa-5975	218	36	role	role	NOUN
ajfa-5975	218	37	of	of	ADP
ajfa-5975	218	38	borrowing	borrowing	NOUN
ajfa-5975	218	39	and	and	CCONJ
ajfa-5975	218	40	lending	lending	NOUN
ajfa-5975	218	41	.	.	PUNCT
ajfa-5975	219	1	our	our	PRON
ajfa-5975	219	2	results	result	NOUN
ajfa-5975	219	3	are	be	AUX
ajfa-5975	219	4	in	in	ADP
ajfa-5975	219	5	support	support	NOUN
ajfa-5975	219	6	of	of	ADP
ajfa-5975	219	7	deyoung	deyoung	PROPN
ajfa-5975	219	8	and	and	CCONJ
ajfa-5975	219	9	asian	asian	ADJ
ajfa-5975	219	10	journal	journal	NOUN
ajfa-5975	219	11	of	of	ADP
ajfa-5975	219	12	finance	finance	PROPN
ajfa-5975	219	13	&	&	CCONJ
ajfa-5975	219	14	accounting	accounting	PROPN
ajfa-5975	219	15	issn	issn	PROPN
ajfa-5975	219	16	1946	1946	NUM
ajfa-5975	219	17	-	-	PUNCT
ajfa-5975	219	18	052x	052x	PROPN
ajfa-5975	219	19	2014	2014	NUM
ajfa-5975	219	20	,	,	PUNCT
ajfa-5975	219	21	vol	vol	NOUN
ajfa-5975	219	22	.	.	PROPN
ajfa-5975	219	23	6	6	NUM
ajfa-5975	219	24	,	,	PUNCT
ajfa-5975	219	25	no	no	INTJ
ajfa-5975	219	26	.	.	NOUN
ajfa-5975	219	27	2	2	NUM
ajfa-5975	219	28	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	219	29	209	209	NUM
ajfa-5975	219	30	rice	rice	NOUN
ajfa-5975	219	31	(	(	PUNCT
ajfa-5975	219	32	2004	2004	NUM
ajfa-5975	219	33	)	)	PUNCT
ajfa-5975	219	34	who	who	PRON
ajfa-5975	219	35	suggested	suggest	VERB
ajfa-5975	219	36	that	that	SCONJ
ajfa-5975	219	37	banks	bank	NOUN
ajfa-5975	219	38	earn	earn	VERB
ajfa-5975	219	39	non	non	ADJ
ajfa-5975	219	40	-	-	ADJ
ajfa-5975	219	41	interest	interest	ADJ
ajfa-5975	219	42	income	income	NOUN
ajfa-5975	219	43	by	by	ADP
ajfa-5975	219	44	producing	produce	VERB
ajfa-5975	219	45	both	both	PRON
ajfa-5975	219	46	traditional	traditional	ADJ
ajfa-5975	219	47	banking	banking	NOUN
ajfa-5975	219	48	services	service	NOUN
ajfa-5975	219	49	and	and	CCONJ
ajfa-5975	219	50	non	non	ADJ
ajfa-5975	219	51	-	-	ADJ
ajfa-5975	219	52	traditional	traditional	ADJ
ajfa-5975	219	53	financial	financial	ADJ
ajfa-5975	219	54	services	service	NOUN
ajfa-5975	219	55	.	.	PUNCT
ajfa-5975	220	1	in	in	ADP
ajfa-5975	220	2	relation	relation	NOUN
ajfa-5975	220	3	to	to	ADP
ajfa-5975	220	4	diversification	diversification	NOUN
ajfa-5975	220	5	and	and	CCONJ
ajfa-5975	220	6	the	the	DET
ajfa-5975	220	7	lower	low	ADJ
ajfa-5975	220	8	diversification	diversification	NOUN
ajfa-5975	220	9	benefits	benefit	NOUN
ajfa-5975	220	10	our	our	PRON
ajfa-5975	220	11	results	result	NOUN
ajfa-5975	220	12	are	be	AUX
ajfa-5975	220	13	in	in	ADP
ajfa-5975	220	14	support	support	NOUN
ajfa-5975	220	15	of	of	ADP
ajfa-5975	220	16	stiroh	stiroh	NOUN
ajfa-5975	220	17	(	(	PUNCT
ajfa-5975	220	18	2004	2004	NUM
ajfa-5975	220	19	)	)	PUNCT
ajfa-5975	220	20	and	and	CCONJ
ajfa-5975	220	21	stiroh	stiroh	VERB
ajfa-5975	220	22	and	and	CCONJ
ajfa-5975	220	23	rumble	rumble	ADJ
ajfa-5975	220	24	(	(	PUNCT
ajfa-5975	220	25	2006	2006	NUM
ajfa-5975	220	26	)	)	PUNCT
ajfa-5975	220	27	who	who	PRON
ajfa-5975	220	28	argue	argue	VERB
ajfa-5975	220	29	that	that	PRON
ajfa-5975	220	30	argued	argue	VERB
ajfa-5975	220	31	the	the	DET
ajfa-5975	220	32	correlation	correlation	NOUN
ajfa-5975	220	33	between	between	ADP
ajfa-5975	220	34	interest	interest	NOUN
ajfa-5975	220	35	and	and	CCONJ
ajfa-5975	220	36	non	non	ADJ
ajfa-5975	220	37	-	-	ADJ
ajfa-5975	220	38	interest	interest	ADJ
ajfa-5975	220	39	income	income	NOUN
ajfa-5975	220	40	could	could	AUX
ajfa-5975	220	41	be	be	AUX
ajfa-5975	220	42	due	due	ADJ
ajfa-5975	220	43	to	to	ADP
ajfa-5975	220	44	possible	possible	ADJ
ajfa-5975	220	45	cross	cross	NOUN
ajfa-5975	220	46	selling	selling	NOUN
ajfa-5975	220	47	of	of	ADP
ajfa-5975	220	48	different	different	ADJ
ajfa-5975	220	49	products	product	NOUN
ajfa-5975	220	50	to	to	ADP
ajfa-5975	220	51	the	the	DET
ajfa-5975	220	52	same	same	ADJ
ajfa-5975	220	53	customers	customer	NOUN
ajfa-5975	220	54	.	.	PUNCT
ajfa-5975	221	1	we	we	PRON
ajfa-5975	221	2	argue	argue	VERB
ajfa-5975	221	3	that	that	SCONJ
ajfa-5975	221	4	with	with	ADP
ajfa-5975	221	5	regard	regard	NOUN
ajfa-5975	221	6	to	to	ADP
ajfa-5975	221	7	uk	uk	PROPN
ajfa-5975	221	8	banking	bank	VERB
ajfa-5975	221	9	universal	universal	ADJ
ajfa-5975	221	10	banking	banking	NOUN
ajfa-5975	221	11	principles	principle	NOUN
ajfa-5975	221	12	does	do	AUX
ajfa-5975	221	13	not	not	PART
ajfa-5975	221	14	only	only	ADV
ajfa-5975	221	15	reflect	reflect	VERB
ajfa-5975	221	16	diversification	diversification	NOUN
ajfa-5975	221	17	into	into	ADP
ajfa-5975	221	18	non	non	ADJ
ajfa-5975	221	19	-	-	ADJ
ajfa-5975	221	20	traditional	traditional	ADJ
ajfa-5975	221	21	banking	banking	NOUN
ajfa-5975	221	22	activities	activity	NOUN
ajfa-5975	221	23	but	but	CCONJ
ajfa-5975	221	24	also	also	ADV
ajfa-5975	221	25	a	a	DET
ajfa-5975	221	26	shift	shift	NOUN
ajfa-5975	221	27	in	in	ADP
ajfa-5975	221	28	the	the	DET
ajfa-5975	221	29	way	way	NOUN
ajfa-5975	221	30	banks	bank	NOUN
ajfa-5975	221	31	earns	earn	VERB
ajfa-5975	221	32	money	money	NOUN
ajfa-5975	221	33	from	from	ADP
ajfa-5975	221	34	their	their	PRON
ajfa-5975	221	35	traditional	traditional	ADJ
ajfa-5975	221	36	banking	banking	NOUN
ajfa-5975	221	37	activities	activity	NOUN
ajfa-5975	221	38	.	.	PUNCT
ajfa-5975	222	1	our	our	PRON
ajfa-5975	222	2	results	result	NOUN
ajfa-5975	222	3	show	show	VERB
ajfa-5975	222	4	that	that	SCONJ
ajfa-5975	222	5	banks	bank	NOUN
ajfa-5975	222	6	derive	derive	VERB
ajfa-5975	222	7	non	non	ADJ
ajfa-5975	222	8	-	-	ADJ
ajfa-5975	222	9	interest	interest	ADJ
ajfa-5975	222	10	income	income	NOUN
ajfa-5975	222	11	not	not	PART
ajfa-5975	222	12	only	only	ADV
ajfa-5975	222	13	from	from	ADP
ajfa-5975	222	14	traditional	traditional	ADJ
ajfa-5975	222	15	charges	charge	NOUN
ajfa-5975	222	16	such	such	ADJ
ajfa-5975	222	17	as	as	ADP
ajfa-5975	222	18	checking	check	VERB
ajfa-5975	222	19	and	and	CCONJ
ajfa-5975	222	20	cash	cash	NOUN
ajfa-5975	222	21	management	management	NOUN
ajfa-5975	222	22	but	but	CCONJ
ajfa-5975	222	23	from	from	ADP
ajfa-5975	222	24	new	new	ADJ
ajfa-5975	222	25	sources	source	NOUN
ajfa-5975	222	26	such	such	ADJ
ajfa-5975	222	27	as	as	ADP
ajfa-5975	222	28	cash	cash	NOUN
ajfa-5975	222	29	withdrawal	withdrawal	NOUN
ajfa-5975	222	30	,	,	PUNCT
ajfa-5975	222	31	bank	bank	NOUN
ajfa-5975	222	32	account	account	NOUN
ajfa-5975	222	33	management	management	NOUN
ajfa-5975	222	34	and	and	CCONJ
ajfa-5975	222	35	insurance	insurance	NOUN
ajfa-5975	222	36	provision	provision	NOUN
ajfa-5975	222	37	on	on	ADP
ajfa-5975	222	38	banking	banking	NOUN
ajfa-5975	222	39	products	product	NOUN
ajfa-5975	222	40	,	,	PUNCT
ajfa-5975	222	41	online	online	ADJ
ajfa-5975	222	42	bill	bill	NOUN
ajfa-5975	222	43	payment	payment	NOUN
ajfa-5975	222	44	and	and	CCONJ
ajfa-5975	222	45	underwriting	underwriting	NOUN
ajfa-5975	222	46	.	.	PUNCT
ajfa-5975	223	1	these	these	DET
ajfa-5975	223	2	results	result	NOUN
ajfa-5975	223	3	are	be	AUX
ajfa-5975	223	4	in	in	ADP
ajfa-5975	223	5	line	line	NOUN
ajfa-5975	223	6	with	with	ADP
ajfa-5975	223	7	deyoung	deyoung	PROPN
ajfa-5975	223	8	and	and	CCONJ
ajfa-5975	223	9	rice	rice	NOUN
ajfa-5975	223	10	(	(	PUNCT
ajfa-5975	223	11	2004:35	2004:35	NUM
ajfa-5975	223	12	)	)	PUNCT
ajfa-5975	223	13	who	who	PRON
ajfa-5975	223	14	also	also	ADV
ajfa-5975	223	15	found	find	VERB
ajfa-5975	223	16	‘	'	PUNCT
ajfa-5975	223	17	‘	'	PUNCT
ajfa-5975	223	18	payment	payment	NOUN
ajfa-5975	223	19	services	service	NOUN
ajfa-5975	223	20	-	-	PUNCT
ajfa-5975	223	21	one	one	NUM
ajfa-5975	223	22	of	of	ADP
ajfa-5975	223	23	the	the	DET
ajfa-5975	223	24	most	most	ADV
ajfa-5975	223	25	traditional	traditional	ADJ
ajfa-5975	223	26	of	of	ADP
ajfa-5975	223	27	all	all	DET
ajfa-5975	223	28	banking	banking	NOUN
ajfa-5975	223	29	servicesremain	servicesremain	VERB
ajfa-5975	223	30	the	the	DET
ajfa-5975	223	31	single	single	ADJ
ajfa-5975	223	32	largest	large	ADJ
ajfa-5975	223	33	source	source	NOUN
ajfa-5975	223	34	of	of	ADP
ajfa-5975	223	35	non	non	ADJ
ajfa-5975	223	36	-	-	ADJ
ajfa-5975	223	37	interest	interest	ADJ
ajfa-5975	223	38	income	income	NOUN
ajfa-5975	223	39	at	at	ADP
ajfa-5975	223	40	most	most	ADJ
ajfa-5975	223	41	us	us	PROPN
ajfa-5975	223	42	banking	banking	NOUN
ajfa-5975	223	43	companies	company	NOUN
ajfa-5975	223	44	’’	’'	PUNCT
ajfa-5975	223	45	.	.	PUNCT
ajfa-5975	224	1	the	the	DET
ajfa-5975	224	2	evidence	evidence	NOUN
ajfa-5975	224	3	from	from	ADP
ajfa-5975	224	4	this	this	DET
ajfa-5975	224	5	study	study	NOUN
ajfa-5975	224	6	suggest	suggest	VERB
ajfa-5975	224	7	that	that	SCONJ
ajfa-5975	224	8	banks	bank	NOUN
ajfa-5975	224	9	are	be	AUX
ajfa-5975	224	10	earning	earn	VERB
ajfa-5975	224	11	non	non	ADJ
ajfa-5975	224	12	-	-	ADJ
ajfa-5975	224	13	interest	interest	ADJ
ajfa-5975	224	14	income	income	NOUN
ajfa-5975	224	15	from	from	ADP
ajfa-5975	224	16	both	both	DET
ajfa-5975	224	17	traditional	traditional	ADJ
ajfa-5975	224	18	banking	banking	NOUN
ajfa-5975	224	19	activities	activity	NOUN
ajfa-5975	224	20	and	and	CCONJ
ajfa-5975	224	21	new	new	ADJ
ajfa-5975	224	22	non	non	ADJ
ajfa-5975	224	23	-	-	ADJ
ajfa-5975	224	24	traditional	traditional	ADJ
ajfa-5975	224	25	banking	banking	NOUN
ajfa-5975	224	26	business	business	NOUN
ajfa-5975	224	27	.	.	PUNCT
ajfa-5975	225	1	hence	hence	ADV
ajfa-5975	225	2	,	,	PUNCT
ajfa-5975	225	3	there	there	PRON
ajfa-5975	225	4	is	be	VERB
ajfa-5975	225	5	a	a	DET
ajfa-5975	225	6	positive	positive	ADJ
ajfa-5975	225	7	correlation	correlation	NOUN
ajfa-5975	225	8	between	between	ADP
ajfa-5975	225	9	interest	interest	NOUN
ajfa-5975	225	10	income	income	NOUN
ajfa-5975	225	11	and	and	CCONJ
ajfa-5975	225	12	non	non	ADJ
ajfa-5975	225	13	-	-	ADJ
ajfa-5975	225	14	interest	interest	ADJ
ajfa-5975	225	15	income	income	NOUN
ajfa-5975	225	16	.	.	PUNCT
ajfa-5975	226	1	final	final	ADJ
ajfa-5975	226	2	remarks	remark	NOUN
ajfa-5975	226	3	and	and	CCONJ
ajfa-5975	226	4	conclusion	conclusion	VERB
ajfa-5975	226	5	the	the	DET
ajfa-5975	226	6	objective	objective	NOUN
ajfa-5975	226	7	of	of	ADP
ajfa-5975	226	8	this	this	DET
ajfa-5975	226	9	study	study	NOUN
ajfa-5975	226	10	was	be	AUX
ajfa-5975	226	11	to	to	PART
ajfa-5975	226	12	analyse	analyse	VERB
ajfa-5975	226	13	the	the	DET
ajfa-5975	226	14	risk	risk	NOUN
ajfa-5975	226	15	implications	implication	NOUN
ajfa-5975	226	16	of	of	ADP
ajfa-5975	226	17	the	the	DET
ajfa-5975	226	18	uk	uk	PROPN
ajfa-5975	226	19	banks	bank	NOUN
ajfa-5975	226	20	’	'	PUNCT
ajfa-5975	226	21	shift	shift	NOUN
ajfa-5975	226	22	towards	towards	ADP
ajfa-5975	226	23	non	non	ADJ
ajfa-5975	226	24	-	-	ADJ
ajfa-5975	226	25	traditional	traditional	ADJ
ajfa-5975	226	26	banking	banking	NOUN
ajfa-5975	226	27	activities	activity	NOUN
ajfa-5975	226	28	.	.	PUNCT
ajfa-5975	227	1	on	on	ADP
ajfa-5975	227	2	the	the	DET
ajfa-5975	227	3	basis	basis	NOUN
ajfa-5975	227	4	of	of	ADP
ajfa-5975	227	5	the	the	DET
ajfa-5975	227	6	chosen	choose	VERB
ajfa-5975	227	7	parameters	parameter	NOUN
ajfa-5975	227	8	the	the	DET
ajfa-5975	227	9	study	study	NOUN
ajfa-5975	227	10	concludes	conclude	VERB
ajfa-5975	227	11	that	that	SCONJ
ajfa-5975	227	12	interest	interest	NOUN
ajfa-5975	227	13	income	income	NOUN
ajfa-5975	227	14	though	though	SCONJ
ajfa-5975	227	15	increasing	increase	VERB
ajfa-5975	227	16	:	:	PUNCT
ajfa-5975	227	17	it	it	PRON
ajfa-5975	227	18	is	be	AUX
ajfa-5975	227	19	increasing	increase	VERB
ajfa-5975	227	20	at	at	ADP
ajfa-5975	227	21	a	a	DET
ajfa-5975	227	22	decreasing	decrease	VERB
ajfa-5975	227	23	rate	rate	NOUN
ajfa-5975	227	24	and	and	CCONJ
ajfa-5975	227	25	non	non	ADJ
ajfa-5975	227	26	-	-	ADJ
ajfa-5975	227	27	interest	interest	ADJ
ajfa-5975	227	28	income	income	NOUN
ajfa-5975	227	29	is	be	AUX
ajfa-5975	227	30	rising	rise	VERB
ajfa-5975	227	31	since	since	SCONJ
ajfa-5975	227	32	(	(	PUNCT
ajfa-5975	227	33	the	the	DET
ajfa-5975	227	34	big	big	PROPN
ajfa-5975	227	35	bang	bang	PROPN
ajfa-5975	227	36	)	)	PUNCT
ajfa-5975	227	37	deregulation	deregulation	NOUN
ajfa-5975	227	38	in	in	ADP
ajfa-5975	227	39	1986.what	1986.what	NUM
ajfa-5975	227	40	became	become	VERB
ajfa-5975	227	41	evident	evident	ADJ
ajfa-5975	227	42	from	from	ADP
ajfa-5975	227	43	this	this	DET
ajfa-5975	227	44	research	research	NOUN
ajfa-5975	227	45	is	be	AUX
ajfa-5975	227	46	that	that	SCONJ
ajfa-5975	227	47	banks	bank	NOUN
ajfa-5975	227	48	do	do	VERB
ajfa-5975	227	49	more	more	ADJ
ajfa-5975	227	50	than	than	ADP
ajfa-5975	227	51	intermediate	intermediate	ADJ
ajfa-5975	227	52	between	between	ADP
ajfa-5975	227	53	depositors	depositor	NOUN
ajfa-5975	227	54	and	and	CCONJ
ajfa-5975	227	55	borrowers	borrower	NOUN
ajfa-5975	227	56	:	:	PUNCT
ajfa-5975	227	57	they	they	PRON
ajfa-5975	227	58	are	be	AUX
ajfa-5975	227	59	not	not	PART
ajfa-5975	227	60	limiting	limit	VERB
ajfa-5975	227	61	themselves	themselves	PRON
ajfa-5975	227	62	to	to	PART
ajfa-5975	227	63	simply	simply	ADV
ajfa-5975	227	64	earning	earn	VERB
ajfa-5975	227	65	net	net	ADJ
ajfa-5975	227	66	interest	interest	NOUN
ajfa-5975	227	67	margins	margin	NOUN
ajfa-5975	227	68	but	but	CCONJ
ajfa-5975	227	69	they	they	PRON
ajfa-5975	227	70	have	have	AUX
ajfa-5975	227	71	moved	move	VERB
ajfa-5975	227	72	to	to	PART
ajfa-5975	227	73	be	be	AUX
ajfa-5975	227	74	‘	'	PUNCT
ajfa-5975	227	75	stylized	stylize	VERB
ajfa-5975	227	76	general	general	ADJ
ajfa-5975	227	77	financial	financial	ADJ
ajfa-5975	227	78	supermarkets	supermarket	NOUN
ajfa-5975	227	79	’	'	PUNCT
ajfa-5975	227	80	with	with	ADP
ajfa-5975	227	81	the	the	DET
ajfa-5975	227	82	adoption	adoption	NOUN
ajfa-5975	227	83	of	of	ADP
ajfa-5975	227	84	universal	universal	ADJ
ajfa-5975	227	85	banking	banking	NOUN
ajfa-5975	227	86	principles	principle	NOUN
ajfa-5975	227	87	as	as	SCONJ
ajfa-5975	227	88	evidenced	evidence	VERB
ajfa-5975	227	89	by	by	ADP
ajfa-5975	227	90	the	the	DET
ajfa-5975	227	91	remarkable	remarkable	ADJ
ajfa-5975	227	92	increase	increase	NOUN
ajfa-5975	227	93	in	in	ADP
ajfa-5975	227	94	non	non	ADJ
ajfa-5975	227	95	-	-	ADJ
ajfa-5975	227	96	interest	interest	ADJ
ajfa-5975	227	97	income	income	NOUN
ajfa-5975	227	98	.	.	PUNCT
ajfa-5975	228	1	significant	significant	ADJ
ajfa-5975	228	2	increases	increase	NOUN
ajfa-5975	228	3	in	in	ADP
ajfa-5975	228	4	non	non	ADJ
ajfa-5975	228	5	-	-	ADJ
ajfa-5975	228	6	interest	interest	ADJ
ajfa-5975	228	7	income	income	NOUN
ajfa-5975	228	8	were	be	AUX
ajfa-5975	228	9	not	not	PART
ajfa-5975	228	10	only	only	ADV
ajfa-5975	228	11	made	make	VERB
ajfa-5975	228	12	possible	possible	ADJ
ajfa-5975	228	13	by	by	ADP
ajfa-5975	228	14	deregulation	deregulation	NOUN
ajfa-5975	228	15	in	in	ADP
ajfa-5975	228	16	1986	1986	NUM
ajfa-5975	228	17	but	but	CCONJ
ajfa-5975	228	18	as	as	SCONJ
ajfa-5975	228	19	argued	argue	VERB
ajfa-5975	228	20	by	by	ADP
ajfa-5975	228	21	deyoung	deyoung	PROPN
ajfa-5975	228	22	and	and	CCONJ
ajfa-5975	228	23	rice	rice	PROPN
ajfa-5975	228	24	(	(	PUNCT
ajfa-5975	228	25	2004	2004	NUM
ajfa-5975	228	26	)	)	PUNCT
ajfa-5975	228	27	for	for	SCONJ
ajfa-5975	228	28	some	some	DET
ajfa-5975	228	29	banks	bank	NOUN
ajfa-5975	228	30	increases	increase	VERB
ajfa-5975	228	31	in	in	ADP
ajfa-5975	228	32	non	non	ADJ
ajfa-5975	228	33	-	-	ADJ
ajfa-5975	228	34	interest	interest	ADJ
ajfa-5975	228	35	income	income	NOUN
ajfa-5975	228	36	were	be	AUX
ajfa-5975	228	37	also	also	ADV
ajfa-5975	228	38	made	make	VERB
ajfa-5975	228	39	possible	possible	ADJ
ajfa-5975	228	40	by	by	ADP
ajfa-5975	228	41	advances	advance	NOUN
ajfa-5975	228	42	in	in	ADP
ajfa-5975	228	43	information	information	NOUN
ajfa-5975	228	44	technology	technology	NOUN
ajfa-5975	228	45	,	,	PUNCT
ajfa-5975	228	46	communication	communication	NOUN
ajfa-5975	228	47	channels	channel	NOUN
ajfa-5975	228	48	and	and	CCONJ
ajfa-5975	228	49	financial	financial	ADJ
ajfa-5975	228	50	processes	process	NOUN
ajfa-5975	228	51	.	.	PUNCT
ajfa-5975	229	1	our	our	PRON
ajfa-5975	229	2	study	study	NOUN
ajfa-5975	229	3	of	of	ADP
ajfa-5975	229	4	the	the	DET
ajfa-5975	229	5	change	change	NOUN
ajfa-5975	229	6	in	in	ADP
ajfa-5975	229	7	banks	bank	NOUN
ajfa-5975	229	8	’	'	PUNCT
ajfa-5975	229	9	focus	focus	VERB
ajfa-5975	229	10	from	from	ADP
ajfa-5975	229	11	traditional	traditional	ADJ
ajfa-5975	229	12	activities	activity	NOUN
ajfa-5975	229	13	to	to	ADP
ajfa-5975	229	14	non	non	ADJ
ajfa-5975	229	15	-	-	ADJ
ajfa-5975	229	16	traditional	traditional	ADJ
ajfa-5975	229	17	activities	activity	NOUN
ajfa-5975	229	18	yields	yield	VERB
ajfa-5975	229	19	a	a	DET
ajfa-5975	229	20	number	number	NOUN
ajfa-5975	229	21	of	of	ADP
ajfa-5975	229	22	significant	significant	ADJ
ajfa-5975	229	23	findings	finding	NOUN
ajfa-5975	229	24	.	.	PUNCT
ajfa-5975	230	1	firstly	firstly	ADV
ajfa-5975	230	2	,	,	PUNCT
ajfa-5975	230	3	the	the	DET
ajfa-5975	230	4	present	present	ADJ
ajfa-5975	230	5	study	study	NOUN
ajfa-5975	230	6	,	,	PUNCT
ajfa-5975	230	7	makes	make	VERB
ajfa-5975	230	8	several	several	ADJ
ajfa-5975	230	9	noteworthy	noteworthy	ADJ
ajfa-5975	230	10	contributions	contribution	NOUN
ajfa-5975	230	11	to	to	ADP
ajfa-5975	230	12	the	the	DET
ajfa-5975	230	13	literature	literature	NOUN
ajfa-5975	230	14	.	.	PUNCT
ajfa-5975	231	1	on	on	ADP
ajfa-5975	231	2	the	the	DET
ajfa-5975	231	3	data	datum	NOUN
ajfa-5975	231	4	side	side	NOUN
ajfa-5975	231	5	,	,	PUNCT
ajfa-5975	231	6	we	we	PRON
ajfa-5975	231	7	examine	examine	VERB
ajfa-5975	231	8	the	the	DET
ajfa-5975	231	9	consolidated	consolidated	PROPN
ajfa-5975	231	10	bank	bank	NOUN
ajfa-5975	231	11	holding	hold	VERB
ajfa-5975	231	12	company	company	NOUN
ajfa-5975	231	13	(	(	PUNCT
ajfa-5975	231	14	bhc	bhc	NOUN
ajfa-5975	231	15	)	)	PUNCT
ajfa-5975	231	16	,	,	PUNCT
ajfa-5975	231	17	rather	rather	ADV
ajfa-5975	231	18	than	than	ADP
ajfa-5975	231	19	the	the	DET
ajfa-5975	231	20	subsidiary	subsidiary	NOUN
ajfa-5975	231	21	bank	bank	PROPN
ajfa-5975	231	22	.	.	PUNCT
ajfa-5975	232	1	secondly	secondly	ADV
ajfa-5975	232	2	,	,	PUNCT
ajfa-5975	232	3	the	the	DET
ajfa-5975	232	4	correlation	correlation	NOUN
ajfa-5975	232	5	proved	prove	VERB
ajfa-5975	232	6	that	that	SCONJ
ajfa-5975	232	7	banks	bank	NOUN
ajfa-5975	232	8	are	be	AUX
ajfa-5975	232	9	fulfilling	fulfil	VERB
ajfa-5975	232	10	the	the	DET
ajfa-5975	232	11	requirements	requirement	NOUN
ajfa-5975	232	12	of	of	ADP
ajfa-5975	232	13	regulators	regulator	NOUN
ajfa-5975	232	14	to	to	PART
ajfa-5975	232	15	focus	focus	VERB
ajfa-5975	232	16	on	on	ADP
ajfa-5975	232	17	traditional	traditional	ADJ
ajfa-5975	232	18	banking	banking	NOUN
ajfa-5975	232	19	by	by	ADP
ajfa-5975	232	20	generating	generate	VERB
ajfa-5975	232	21	interest	interest	NOUN
ajfa-5975	232	22	income	income	NOUN
ajfa-5975	232	23	however	however	ADV
ajfa-5975	232	24	,	,	PUNCT
ajfa-5975	232	25	the	the	DET
ajfa-5975	232	26	positive	positive	ADJ
ajfa-5975	232	27	association	association	NOUN
ajfa-5975	232	28	between	between	ADP
ajfa-5975	232	29	interest	interest	NOUN
ajfa-5975	232	30	and	and	CCONJ
ajfa-5975	232	31	non	non	ADJ
ajfa-5975	232	32	-	-	ADJ
ajfa-5975	232	33	interest	interest	ADJ
ajfa-5975	232	34	income	income	NOUN
ajfa-5975	232	35	proves	prove	VERB
ajfa-5975	232	36	that	that	SCONJ
ajfa-5975	232	37	banks	bank	NOUN
ajfa-5975	232	38	are	be	AUX
ajfa-5975	232	39	still	still	ADV
ajfa-5975	232	40	more	more	ADV
ajfa-5975	232	41	interested	interested	ADJ
ajfa-5975	232	42	in	in	ADP
ajfa-5975	232	43	generating	generate	VERB
ajfa-5975	232	44	diversified	diversified	ADJ
ajfa-5975	232	45	income	income	NOUN
ajfa-5975	232	46	streams	stream	NOUN
ajfa-5975	232	47	rather	rather	ADV
ajfa-5975	232	48	than	than	ADP
ajfa-5975	232	49	focusing	focus	VERB
ajfa-5975	232	50	on	on	ADP
ajfa-5975	232	51	traditional	traditional	ADJ
ajfa-5975	232	52	banking	banking	NOUN
ajfa-5975	232	53	methods	method	NOUN
ajfa-5975	232	54	of	of	ADP
ajfa-5975	232	55	income	income	NOUN
ajfa-5975	232	56	generation	generation	NOUN
ajfa-5975	232	57	.	.	PUNCT
ajfa-5975	233	1	further	far	ADV
ajfa-5975	233	2	,	,	PUNCT
ajfa-5975	233	3	the	the	DET
ajfa-5975	233	4	results	result	NOUN
ajfa-5975	233	5	of	of	ADP
ajfa-5975	233	6	the	the	DET
ajfa-5975	233	7	study	study	NOUN
ajfa-5975	233	8	indicate	indicate	VERB
ajfa-5975	233	9	non	non	ADJ
ajfa-5975	233	10	-	-	ADJ
ajfa-5975	233	11	interest	interest	ADJ
ajfa-5975	233	12	income	income	NOUN
ajfa-5975	233	13	is	be	AUX
ajfa-5975	233	14	much	much	ADV
ajfa-5975	233	15	more	more	ADV
ajfa-5975	233	16	volatile	volatile	ADJ
ajfa-5975	233	17	than	than	ADP
ajfa-5975	233	18	interest	interest	NOUN
ajfa-5975	233	19	income	income	NOUN
ajfa-5975	233	20	from	from	ADP
ajfa-5975	233	21	our	our	PRON
ajfa-5975	233	22	global	global	ADJ
ajfa-5975	233	23	view	view	NOUN
ajfa-5975	233	24	point	point	NOUN
ajfa-5975	233	25	and	and	CCONJ
ajfa-5975	233	26	for	for	ADP
ajfa-5975	233	27	each	each	DET
ajfa-5975	233	28	individual	individual	ADJ
ajfa-5975	233	29	bank	bank	NOUN
ajfa-5975	233	30	.	.	PUNCT
ajfa-5975	234	1	we	we	PRON
ajfa-5975	234	2	also	also	ADV
ajfa-5975	234	3	found	find	VERB
ajfa-5975	234	4	that	that	SCONJ
ajfa-5975	234	5	interest	interest	NOUN
ajfa-5975	234	6	income	income	NOUN
ajfa-5975	234	7	increases	increase	NOUN
ajfa-5975	234	8	while	while	SCONJ
ajfa-5975	234	9	non	non	ADJ
ajfa-5975	234	10	-	-	ADJ
ajfa-5975	234	11	interest	interest	ADJ
ajfa-5975	234	12	income	income	NOUN
ajfa-5975	234	13	also	also	ADV
ajfa-5975	234	14	increases	increase	VERB
ajfa-5975	234	15	as	as	SCONJ
ajfa-5975	234	16	evidenced	evidence	VERB
ajfa-5975	234	17	by	by	ADP
ajfa-5975	234	18	the	the	DET
ajfa-5975	234	19	results	result	NOUN
ajfa-5975	234	20	of	of	ADP
ajfa-5975	234	21	the	the	DET
ajfa-5975	234	22	regression	regression	NOUN
ajfa-5975	234	23	.	.	PUNCT
ajfa-5975	235	1	possible	possible	ADJ
ajfa-5975	235	2	explanation	explanation	NOUN
ajfa-5975	235	3	for	for	ADP
ajfa-5975	235	4	these	these	DET
ajfa-5975	235	5	results	result	NOUN
ajfa-5975	235	6	is	be	AUX
ajfa-5975	235	7	:	:	PUNCT
ajfa-5975	235	8	uk	uk	PROPN
ajfa-5975	235	9	banks	bank	NOUN
ajfa-5975	235	10	shifting	shift	VERB
ajfa-5975	235	11	the	the	DET
ajfa-5975	235	12	way	way	NOUN
ajfa-5975	235	13	they	they	PRON
ajfa-5975	235	14	asian	asian	ADJ
ajfa-5975	235	15	journal	journal	NOUN
ajfa-5975	235	16	of	of	ADP
ajfa-5975	235	17	finance	finance	PROPN
ajfa-5975	235	18	&	&	CCONJ
ajfa-5975	235	19	accounting	accounting	PROPN
ajfa-5975	235	20	issn	issn	PROPN
ajfa-5975	235	21	1946	1946	NUM
ajfa-5975	235	22	-	-	PUNCT
ajfa-5975	235	23	052x	052x	PROPN
ajfa-5975	235	24	2014	2014	NUM
ajfa-5975	235	25	,	,	PUNCT
ajfa-5975	235	26	vol	vol	NOUN
ajfa-5975	235	27	.	.	PROPN
ajfa-5975	236	1	6	6	NUM
ajfa-5975	236	2	,	,	PUNCT
ajfa-5975	236	3	no	no	INTJ
ajfa-5975	236	4	.	.	NOUN
ajfa-5975	236	5	2	2	NUM
ajfa-5975	236	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	236	7	210	210	NUM
ajfa-5975	236	8	make	make	VERB
ajfa-5975	236	9	money	money	NOUN
ajfa-5975	236	10	from	from	ADP
ajfa-5975	236	11	traditional	traditional	ADJ
ajfa-5975	236	12	banking	banking	NOUN
ajfa-5975	236	13	activities	activity	NOUN
ajfa-5975	236	14	.	.	PUNCT
ajfa-5975	237	1	another	another	DET
ajfa-5975	237	2	possible	possible	ADJ
ajfa-5975	237	3	explanation	explanation	NOUN
ajfa-5975	237	4	for	for	ADP
ajfa-5975	237	5	these	these	DET
ajfa-5975	237	6	results	result	NOUN
ajfa-5975	237	7	is	be	AUX
ajfa-5975	237	8	that	that	SCONJ
ajfa-5975	237	9	uk	uk	PROPN
ajfa-5975	237	10	banks	bank	NOUN
ajfa-5975	237	11	subsequent	subsequent	ADJ
ajfa-5975	237	12	to	to	ADP
ajfa-5975	237	13	the	the	DET
ajfa-5975	237	14	financial	financial	ADJ
ajfa-5975	237	15	crisis	crisis	NOUN
ajfa-5975	237	16	and	and	CCONJ
ajfa-5975	237	17	the	the	DET
ajfa-5975	237	18	government	government	NOUN
ajfa-5975	237	19	rushing	rush	VERB
ajfa-5975	237	20	them	they	PRON
ajfa-5975	237	21	to	to	PART
ajfa-5975	237	22	lend	lend	VERB
ajfa-5975	237	23	are	be	AUX
ajfa-5975	237	24	still	still	ADV
ajfa-5975	237	25	generation	generation	VERB
ajfa-5975	237	26	a	a	DET
ajfa-5975	237	27	substantial	substantial	ADJ
ajfa-5975	237	28	amount	amount	NOUN
ajfa-5975	237	29	of	of	ADP
ajfa-5975	237	30	non	non	ADJ
ajfa-5975	237	31	-	-	ADJ
ajfa-5975	237	32	interest	interest	ADJ
ajfa-5975	237	33	income	income	NOUN
ajfa-5975	237	34	by	by	ADP
ajfa-5975	237	35	using	use	VERB
ajfa-5975	237	36	non	non	ADJ
ajfa-5975	237	37	-	-	ADJ
ajfa-5975	237	38	traditional	traditional	ADJ
ajfa-5975	237	39	methods	method	NOUN
ajfa-5975	237	40	to	to	PART
ajfa-5975	237	41	produce	produce	VERB
ajfa-5975	237	42	traditional	traditional	ADJ
ajfa-5975	237	43	banking	banking	NOUN
ajfa-5975	237	44	.	.	PUNCT
ajfa-5975	238	1	these	these	DET
ajfa-5975	238	2	thoughts	thought	NOUN
ajfa-5975	238	3	are	be	AUX
ajfa-5975	238	4	also	also	ADV
ajfa-5975	238	5	shared	share	VERB
ajfa-5975	238	6	by	by	ADP
ajfa-5975	238	7	deyoung	deyoung	PROPN
ajfa-5975	238	8	and	and	CCONJ
ajfa-5975	238	9	rice	rice	PROPN
ajfa-5975	238	10	(	(	PUNCT
ajfa-5975	238	11	2004	2004	NUM
ajfa-5975	238	12	)	)	PUNCT
ajfa-5975	238	13	who	who	PRON
ajfa-5975	238	14	argue	argue	VERB
ajfa-5975	238	15	that	that	SCONJ
ajfa-5975	238	16	in	in	ADP
ajfa-5975	238	17	the	the	DET
ajfa-5975	238	18	traditional	traditional	ADJ
ajfa-5975	238	19	banking	banking	NOUN
ajfa-5975	238	20	model	model	NOUN
ajfa-5975	238	21	loan	loan	NOUN
ajfa-5975	238	22	servicing	servicing	NOUN
ajfa-5975	238	23	fees	fee	NOUN
ajfa-5975	238	24	and	and	CCONJ
ajfa-5975	238	25	securitisation	securitisation	NOUN
ajfa-5975	238	26	do	do	AUX
ajfa-5975	238	27	not	not	PART
ajfa-5975	238	28	exist	exist	VERB
ajfa-5975	238	29	,	,	PUNCT
ajfa-5975	238	30	as	as	SCONJ
ajfa-5975	238	31	banks	bank	NOUN
ajfa-5975	238	32	originate	originate	VERB
ajfa-5975	238	33	these	these	DET
ajfa-5975	238	34	loans	loan	NOUN
ajfa-5975	238	35	in	in	ADP
ajfa-5975	238	36	their	their	PRON
ajfa-5975	238	37	own	own	ADJ
ajfa-5975	238	38	portfolios	portfolio	NOUN
ajfa-5975	238	39	and	and	CCONJ
ajfa-5975	238	40	service	service	VERB
ajfa-5975	238	41	these	these	DET
ajfa-5975	238	42	loans	loan	NOUN
ajfa-5975	238	43	themselves	themselves	PRON
ajfa-5975	238	44	.	.	PUNCT
ajfa-5975	239	1	we	we	PRON
ajfa-5975	239	2	extend	extend	VERB
ajfa-5975	239	3	the	the	DET
ajfa-5975	239	4	work	work	NOUN
ajfa-5975	239	5	of	of	ADP
ajfa-5975	239	6	deyoung	deyoung	PROPN
ajfa-5975	239	7	and	and	CCONJ
ajfa-5975	239	8	rice	rice	PROPN
ajfa-5975	239	9	(	(	PUNCT
ajfa-5975	239	10	2004	2004	NUM
ajfa-5975	239	11	)	)	PUNCT
ajfa-5975	239	12	and	and	CCONJ
ajfa-5975	239	13	argue	argue	VERB
ajfa-5975	239	14	that	that	SCONJ
ajfa-5975	239	15	banks	bank	NOUN
ajfa-5975	239	16	should	should	AUX
ajfa-5975	239	17	not	not	PART
ajfa-5975	239	18	be	be	AUX
ajfa-5975	239	19	using	use	VERB
ajfa-5975	239	20	their	their	PRON
ajfa-5975	239	21	loan	loan	NOUN
ajfa-5975	239	22	books	book	NOUN
ajfa-5975	239	23	to	to	PART
ajfa-5975	239	24	generate	generate	VERB
ajfa-5975	239	25	non	non	ADJ
ajfa-5975	239	26	-	-	ADJ
ajfa-5975	239	27	interest	interest	ADJ
ajfa-5975	239	28	income	income	NOUN
ajfa-5975	239	29	from	from	ADP
ajfa-5975	239	30	customer	customer	NOUN
ajfa-5975	239	31	deposits	deposit	NOUN
ajfa-5975	239	32	as	as	SCONJ
ajfa-5975	239	33	this	this	PRON
ajfa-5975	239	34	exposes	expose	VERB
ajfa-5975	239	35	banks	bank	NOUN
ajfa-5975	239	36	to	to	ADP
ajfa-5975	239	37	systemic	systemic	ADJ
ajfa-5975	239	38	risk	risk	NOUN
ajfa-5975	239	39	.	.	PUNCT
ajfa-5975	240	1	our	our	PRON
ajfa-5975	240	2	argument	argument	NOUN
ajfa-5975	240	3	is	be	AUX
ajfa-5975	240	4	based	base	VERB
ajfa-5975	240	5	on	on	ADP
ajfa-5975	240	6	boyd	boyd	PROPN
ajfa-5975	240	7	and	and	CCONJ
ajfa-5975	240	8	graham	graham	PROPN
ajfa-5975	240	9	(	(	PUNCT
ajfa-5975	240	10	1986	1986	NUM
ajfa-5975	240	11	)	)	PUNCT
ajfa-5975	240	12	who	who	PRON
ajfa-5975	240	13	earlier	early	ADV
ajfa-5975	240	14	on	on	ADV
ajfa-5975	240	15	(	(	PUNCT
ajfa-5975	240	16	even	even	ADV
ajfa-5975	240	17	before	before	ADP
ajfa-5975	240	18	deregulation	deregulation	NOUN
ajfa-5975	240	19	)	)	PUNCT
ajfa-5975	240	20	found	find	VERB
ajfa-5975	240	21	that	that	SCONJ
ajfa-5975	240	22	banks	bank	NOUN
ajfa-5975	240	23	’	’	PART
ajfa-5975	240	24	increased	increase	VERB
ajfa-5975	240	25	activity	activity	NOUN
ajfa-5975	240	26	in	in	ADP
ajfa-5975	240	27	non	non	ADJ
ajfa-5975	240	28	-	-	ADJ
ajfa-5975	240	29	traditional	traditional	ADJ
ajfa-5975	240	30	banking	banking	NOUN
ajfa-5975	240	31	activities	activity	NOUN
ajfa-5975	240	32	increased	increase	VERB
ajfa-5975	240	33	the	the	DET
ajfa-5975	240	34	risk	risk	NOUN
ajfa-5975	240	35	of	of	ADP
ajfa-5975	240	36	failures	failure	NOUN
ajfa-5975	240	37	during	during	ADP
ajfa-5975	240	38	less	less	ADV
ajfa-5975	240	39	stringent	stringent	ADJ
ajfa-5975	240	40	policy	policy	NOUN
ajfa-5975	240	41	periods	period	NOUN
ajfa-5975	240	42	in	in	ADP
ajfa-5975	240	43	the	the	DET
ajfa-5975	240	44	1970s	1970s	NUM
ajfa-5975	240	45	.	.	PUNCT
ajfa-5975	241	1	the	the	DET
ajfa-5975	241	2	trends	trend	NOUN
ajfa-5975	241	3	documented	document	VERB
ajfa-5975	241	4	in	in	ADP
ajfa-5975	241	5	this	this	DET
ajfa-5975	241	6	article	article	NOUN
ajfa-5975	241	7	have	have	VERB
ajfa-5975	241	8	important	important	ADJ
ajfa-5975	241	9	implications	implication	NOUN
ajfa-5975	241	10	for	for	ADP
ajfa-5975	241	11	banks	bank	NOUN
ajfa-5975	241	12	and	and	CCONJ
ajfa-5975	241	13	the	the	DET
ajfa-5975	241	14	regulators	regulator	NOUN
ajfa-5975	241	15	.	.	PUNCT
ajfa-5975	242	1	banks	bank	NOUN
ajfa-5975	242	2	’	'	PUNCT
ajfa-5975	242	3	increasing	increase	VERB
ajfa-5975	242	4	diversification	diversification	NOUN
ajfa-5975	242	5	to	to	ADP
ajfa-5975	242	6	non	non	ADJ
ajfa-5975	242	7	-	-	ADJ
ajfa-5975	242	8	traditional	traditional	ADJ
ajfa-5975	242	9	activities	activity	NOUN
ajfa-5975	242	10	has	have	VERB
ajfa-5975	242	11	implications	implication	NOUN
ajfa-5975	242	12	for	for	ADP
ajfa-5975	242	13	financial	financial	ADJ
ajfa-5975	242	14	stability	stability	NOUN
ajfa-5975	242	15	and	and	CCONJ
ajfa-5975	242	16	exposes	expose	VERB
ajfa-5975	242	17	the	the	DET
ajfa-5975	242	18	industry	industry	NOUN
ajfa-5975	242	19	to	to	ADP
ajfa-5975	242	20	systemic	systemic	ADJ
ajfa-5975	242	21	risk	risk	NOUN
ajfa-5975	242	22	.	.	PUNCT
ajfa-5975	243	1	while	while	SCONJ
ajfa-5975	243	2	banks	bank	NOUN
ajfa-5975	243	3	may	may	AUX
ajfa-5975	243	4	respond	respond	VERB
ajfa-5975	243	5	to	to	ADP
ajfa-5975	243	6	their	their	PRON
ajfa-5975	243	7	shrinking	shrink	VERB
ajfa-5975	243	8	intermediary	intermediary	ADJ
ajfa-5975	243	9	role	role	NOUN
ajfa-5975	243	10	and	and	CCONJ
ajfa-5975	243	11	diminished	diminish	VERB
ajfa-5975	243	12	profitability	profitability	NOUN
ajfa-5975	243	13	by	by	ADP
ajfa-5975	243	14	taking	take	VERB
ajfa-5975	243	15	greater	great	ADJ
ajfa-5975	243	16	risk	risk	NOUN
ajfa-5975	243	17	,	,	PUNCT
ajfa-5975	243	18	if	if	SCONJ
ajfa-5975	243	19	this	this	PRON
ajfa-5975	243	20	goes	go	VERB
ajfa-5975	243	21	unrestrained	unrestrained	ADJ
ajfa-5975	243	22	,	,	PUNCT
ajfa-5975	243	23	it	it	PRON
ajfa-5975	243	24	could	could	AUX
ajfa-5975	243	25	undermine	undermine	VERB
ajfa-5975	243	26	the	the	DET
ajfa-5975	243	27	stability	stability	NOUN
ajfa-5975	243	28	of	of	ADP
ajfa-5975	243	29	the	the	DET
ajfa-5975	243	30	banking	banking	NOUN
ajfa-5975	243	31	system	system	NOUN
ajfa-5975	243	32	.	.	PUNCT
ajfa-5975	244	1	the	the	DET
ajfa-5975	244	2	financial	financial	ADJ
ajfa-5975	244	3	crisis	crisis	NOUN
ajfa-5975	244	4	provided	provide	VERB
ajfa-5975	244	5	some	some	DET
ajfa-5975	244	6	evidence	evidence	NOUN
ajfa-5975	244	7	that	that	SCONJ
ajfa-5975	244	8	banks	bank	NOUN
ajfa-5975	244	9	have	have	AUX
ajfa-5975	244	10	in	in	ADP
ajfa-5975	244	11	fact	fact	NOUN
ajfa-5975	244	12	increased	increase	VERB
ajfa-5975	244	13	their	their	PRON
ajfa-5975	244	14	risk	risk	NOUN
ajfa-5975	244	15	-	-	PUNCT
ajfa-5975	244	16	taking	taking	NOUN
ajfa-5975	244	17	,	,	PUNCT
ajfa-5975	244	18	either	either	CCONJ
ajfa-5975	244	19	through	through	ADP
ajfa-5975	244	20	riskier	risky	ADJ
ajfa-5975	244	21	strategies	strategy	NOUN
ajfa-5975	244	22	in	in	ADP
ajfa-5975	244	23	their	their	PRON
ajfa-5975	244	24	traditional	traditional	ADJ
ajfa-5975	244	25	business	business	NOUN
ajfa-5975	244	26	lines	line	NOUN
ajfa-5975	244	27	or	or	CCONJ
ajfa-5975	244	28	by	by	ADP
ajfa-5975	244	29	seeking	seek	VERB
ajfa-5975	244	30	out	out	ADP
ajfa-5975	244	31	new	new	ADJ
ajfa-5975	244	32	and	and	CCONJ
ajfa-5975	244	33	more	more	ADV
ajfa-5975	244	34	risky	risky	ADJ
ajfa-5975	244	35	activities	activity	NOUN
ajfa-5975	244	36	which	which	PRON
ajfa-5975	244	37	left	leave	VERB
ajfa-5975	244	38	the	the	DET
ajfa-5975	244	39	whole	whole	ADJ
ajfa-5975	244	40	banking	banking	NOUN
ajfa-5975	244	41	industry	industry	NOUN
ajfa-5975	244	42	exposed	expose	VERB
ajfa-5975	244	43	to	to	ADP
ajfa-5975	244	44	greater	great	ADJ
ajfa-5975	244	45	systematic	systematic	ADJ
ajfa-5975	244	46	risk	risk	NOUN
ajfa-5975	244	47	.	.	PUNCT
ajfa-5975	245	1	in	in	ADP
ajfa-5975	245	2	the	the	DET
ajfa-5975	245	3	process	process	NOUN
ajfa-5975	245	4	,	,	PUNCT
ajfa-5975	245	5	this	this	DET
ajfa-5975	245	6	scenario	scenario	NOUN
ajfa-5975	245	7	has	have	AUX
ajfa-5975	245	8	contributed	contribute	VERB
ajfa-5975	245	9	to	to	ADP
ajfa-5975	245	10	the	the	DET
ajfa-5975	245	11	growth	growth	NOUN
ajfa-5975	245	12	of	of	ADP
ajfa-5975	245	13	financial	financial	ADJ
ajfa-5975	245	14	intermediation	intermediation	NOUN
ajfa-5975	245	15	outside	outside	ADP
ajfa-5975	245	16	the	the	DET
ajfa-5975	245	17	banking	banking	NOUN
ajfa-5975	245	18	system	system	NOUN
ajfa-5975	245	19	,	,	PUNCT
ajfa-5975	245	20	including	include	VERB
ajfa-5975	245	21	a	a	DET
ajfa-5975	245	22	larger	large	ADJ
ajfa-5975	245	23	role	role	NOUN
ajfa-5975	245	24	for	for	ADP
ajfa-5975	245	25	unregulated	unregulated	ADJ
ajfa-5975	245	26	“	"	PUNCT
ajfa-5975	245	27	shadow	shadow	NOUN
ajfa-5975	245	28	banking	banking	NOUN
ajfa-5975	245	29	”	"	PUNCT
ajfa-5975	245	30	institutions	institution	NOUN
ajfa-5975	245	31	(	(	PUNCT
ajfa-5975	245	32	piciu	piciu	NOUN
ajfa-5975	245	33	et	et	PROPN
ajfa-5975	245	34	al	al	PROPN
ajfa-5975	245	35	.	.	PROPN
ajfa-5975	245	36	,	,	PUNCT
ajfa-5975	245	37	2011	2011	NUM
ajfa-5975	245	38	)	)	PUNCT
ajfa-5975	245	39	.	.	PUNCT
ajfa-5975	246	1	a	a	DET
ajfa-5975	246	2	constructive	constructive	ADJ
ajfa-5975	246	3	regulatory	regulatory	ADJ
ajfa-5975	246	4	approach	approach	NOUN
ajfa-5975	246	5	by	by	ADP
ajfa-5975	246	6	the	the	DET
ajfa-5975	246	7	regulator	regulator	NOUN
ajfa-5975	246	8	has	have	AUX
ajfa-5975	246	9	been	be	AUX
ajfa-5975	246	10	to	to	PART
ajfa-5975	246	11	adopt	adopt	VERB
ajfa-5975	246	12	a	a	DET
ajfa-5975	246	13	system	system	NOUN
ajfa-5975	246	14	of	of	ADP
ajfa-5975	246	15	structured	structured	ADJ
ajfa-5975	246	16	bank	bank	NOUN
ajfa-5975	246	17	capital	capital	NOUN
ajfa-5975	246	18	requirements	requirement	NOUN
ajfa-5975	246	19	together	together	ADV
ajfa-5975	246	20	with	with	ADP
ajfa-5975	246	21	early	early	ADJ
ajfa-5975	246	22	corrective	corrective	ADJ
ajfa-5975	246	23	action	action	NOUN
ajfa-5975	246	24	by	by	ADP
ajfa-5975	246	25	regulators	regulator	NOUN
ajfa-5975	246	26	.	.	PUNCT
ajfa-5975	247	1	however	however	ADV
ajfa-5975	247	2	this	this	DET
ajfa-5975	247	3	only	only	ADJ
ajfa-5975	247	4	works	work	NOUN
ajfa-5975	247	5	if	if	SCONJ
ajfa-5975	247	6	bank	bank	NOUN
ajfa-5975	247	7	risk	risk	NOUN
ajfa-5975	247	8	exposures	exposure	NOUN
ajfa-5975	247	9	have	have	AUX
ajfa-5975	247	10	been	be	AUX
ajfa-5975	247	11	measured	measure	VERB
ajfa-5975	247	12	accurately	accurately	ADV
ajfa-5975	247	13	and	and	CCONJ
ajfa-5975	247	14	capital	capital	NOUN
ajfa-5975	247	15	requirements	requirement	NOUN
ajfa-5975	247	16	be	be	AUX
ajfa-5975	247	17	set	set	VERB
ajfa-5975	247	18	high	high	ADJ
ajfa-5975	247	19	enough	enough	ADV
ajfa-5975	247	20	to	to	PART
ajfa-5975	247	21	deter	deter	VERB
ajfa-5975	247	22	excessive	excessive	ADJ
ajfa-5975	247	23	risk	risk	NOUN
ajfa-5975	247	24	-	-	PUNCT
ajfa-5975	247	25	taking	taking	NOUN
ajfa-5975	247	26	and	and	CCONJ
ajfa-5975	247	27	for	for	SCONJ
ajfa-5975	247	28	the	the	DET
ajfa-5975	247	29	regulator	regulator	NOUN
ajfa-5975	247	30	to	to	PART
ajfa-5975	247	31	adapt	adapt	VERB
ajfa-5975	247	32	their	their	PRON
ajfa-5975	247	33	policies	policy	NOUN
ajfa-5975	247	34	to	to	ADP
ajfa-5975	247	35	the	the	DET
ajfa-5975	247	36	new	new	ADJ
ajfa-5975	247	37	financial	financial	ADJ
ajfa-5975	247	38	environment	environment	NOUN
ajfa-5975	247	39	.	.	PUNCT
ajfa-5975	248	1	this	this	DET
ajfa-5975	248	2	strategy	strategy	NOUN
ajfa-5975	248	3	,	,	PUNCT
ajfa-5975	248	4	we	we	PRON
ajfa-5975	248	5	believe	believe	VERB
ajfa-5975	248	6	,	,	PUNCT
ajfa-5975	248	7	can	can	AUX
ajfa-5975	248	8	successfully	successfully	ADV
ajfa-5975	248	9	keep	keep	VERB
ajfa-5975	248	10	in	in	ADP
ajfa-5975	248	11	check	check	NOUN
ajfa-5975	248	12	excessive	excessive	ADJ
ajfa-5975	248	13	risk	risk	NOUN
ajfa-5975	248	14	-	-	PUNCT
ajfa-5975	248	15	taking	taking	NOUN
ajfa-5975	248	16	by	by	ADP
ajfa-5975	248	17	banks	bank	NOUN
ajfa-5975	248	18	while	while	SCONJ
ajfa-5975	248	19	providing	provide	VERB
ajfa-5975	248	20	the	the	DET
ajfa-5975	248	21	flexibility	flexibility	NOUN
ajfa-5975	248	22	for	for	ADP
ajfa-5975	248	23	both	both	DET
ajfa-5975	248	24	banks	bank	NOUN
ajfa-5975	248	25	arid	arid	VERB
ajfa-5975	248	26	regulators	regulator	NOUN
ajfa-5975	248	27	to	to	PART
ajfa-5975	248	28	restructure	restructure	VERB
ajfa-5975	248	29	the	the	DET
ajfa-5975	248	30	banking	banking	NOUN
ajfa-5975	248	31	system	system	NOUN
ajfa-5975	248	32	in	in	ADP
ajfa-5975	248	33	order	order	NOUN
ajfa-5975	248	34	to	to	PART
ajfa-5975	248	35	achieve	achieve	VERB
ajfa-5975	248	36	greater	great	ADJ
ajfa-5975	248	37	long	long	ADJ
ajfa-5975	248	38	-	-	PUNCT
ajfa-5975	248	39	term	term	NOUN
ajfa-5975	248	40	stability	stability	NOUN
ajfa-5975	248	41	.	.	PUNCT
ajfa-5975	249	1	in	in	ADP
ajfa-5975	249	2	the	the	DET
ajfa-5975	249	3	uk	uk	PROPN
ajfa-5975	249	4	this	this	PRON
ajfa-5975	249	5	is	be	AUX
ajfa-5975	249	6	developing	develop	VERB
ajfa-5975	249	7	in	in	ADP
ajfa-5975	249	8	the	the	DET
ajfa-5975	249	9	form	form	NOUN
ajfa-5975	249	10	of	of	ADP
ajfa-5975	249	11	independent	independent	ADJ
ajfa-5975	249	12	commission	commission	NOUN
ajfa-5975	249	13	of	of	ADP
ajfa-5975	249	14	banking	banking	NOUN
ajfa-5975	249	15	’s	’s	PART
ajfa-5975	249	16	report	report	VERB
ajfa-5975	249	17	key	key	ADJ
ajfa-5975	249	18	recommendation	recommendation	NOUN
ajfa-5975	249	19	:	:	PUNCT
ajfa-5975	249	20	ring	ring	NOUN
ajfa-5975	249	21	-	-	PUNCT
ajfa-5975	249	22	fencing	fence	VERB
ajfa-5975	249	23	retail	retail	ADJ
ajfa-5975	249	24	operations	operation	NOUN
ajfa-5975	249	25	.	.	PUNCT
ajfa-5975	250	1	based	base	VERB
ajfa-5975	250	2	on	on	ADP
ajfa-5975	250	3	our	our	PRON
ajfa-5975	250	4	results	result	NOUN
ajfa-5975	250	5	,	,	PUNCT
ajfa-5975	250	6	we	we	PRON
ajfa-5975	250	7	support	support	VERB
ajfa-5975	250	8	this	this	DET
ajfa-5975	250	9	contention	contention	NOUN
ajfa-5975	250	10	in	in	ADP
ajfa-5975	250	11	the	the	DET
ajfa-5975	250	12	perspective	perspective	NOUN
ajfa-5975	250	13	of	of	ADP
ajfa-5975	250	14	the	the	DET
ajfa-5975	250	15	uk	uk	PROPN
ajfa-5975	250	16	banking	banking	NOUN
ajfa-5975	250	17	industry	industry	NOUN
ajfa-5975	250	18	and	and	CCONJ
ajfa-5975	250	19	argue	argue	VERB
ajfa-5975	250	20	the	the	DET
ajfa-5975	250	21	loan	loan	NOUN
ajfa-5975	250	22	portfolio	portfolio	NOUN
ajfa-5975	250	23	and	and	CCONJ
ajfa-5975	250	24	the	the	DET
ajfa-5975	250	25	investment	investment	NOUN
ajfa-5975	250	26	portfolio	portfolio	NOUN
ajfa-5975	250	27	should	should	AUX
ajfa-5975	250	28	be	be	AUX
ajfa-5975	250	29	kept	keep	VERB
ajfa-5975	250	30	separate	separate	ADJ
ajfa-5975	250	31	.	.	PUNCT
ajfa-5975	251	1	these	these	DET
ajfa-5975	251	2	arguments	argument	NOUN
ajfa-5975	251	3	form	form	VERB
ajfa-5975	251	4	the	the	DET
ajfa-5975	251	5	basis	basis	NOUN
ajfa-5975	251	6	of	of	ADP
ajfa-5975	251	7	future	future	ADJ
ajfa-5975	251	8	research	research	NOUN
ajfa-5975	251	9	.	.	PUNCT
ajfa-5975	252	1	references	reference	NOUN
ajfa-5975	252	2	brewer	brewer	PROPN
ajfa-5975	252	3	,	,	PUNCT
ajfa-5975	252	4	e.	e.	PROPN
ajfa-5975	252	5	(	(	PUNCT
ajfa-5975	252	6	1989	1989	NUM
ajfa-5975	252	7	)	)	PUNCT
ajfa-5975	252	8	.	.	PUNCT
ajfa-5975	253	1	relationship	relationship	NOUN
ajfa-5975	253	2	between	between	ADP
ajfa-5975	253	3	bank	bank	NOUN
ajfa-5975	253	4	holding	hold	VERB
ajfa-5975	253	5	company	company	NOUN
ajfa-5975	253	6	risk	risk	NOUN
ajfa-5975	253	7	and	and	CCONJ
ajfa-5975	253	8	non	non	ADJ
ajfa-5975	253	9	-	-	ADJ
ajfa-5975	253	10	bank	bank	ADJ
ajfa-5975	253	11	activity	activity	NOUN
ajfa-5975	253	12	,	,	PUNCT
ajfa-5975	253	13	journal	journal	NOUN
ajfa-5975	253	14	of	of	ADP
ajfa-5975	253	15	economics	economic	NOUN
ajfa-5975	253	16	and	and	CCONJ
ajfa-5975	253	17	business	business	NOUN
ajfa-5975	253	18	,	,	PUNCT
ajfa-5975	253	19	1(4	1(4	NUM
ajfa-5975	253	20	)	)	PUNCT
ajfa-5975	253	21	,	,	PUNCT
ajfa-5975	253	22	337	337	NUM
ajfa-5975	253	23	-	-	SYM
ajfa-5975	253	24	53	53	NUM
ajfa-5975	253	25	.	.	PUNCT
ajfa-5975	253	26	http://dx.doi.org/10.1016/0148-6195(89)90030-1	http://dx.doi.org/10.1016/0148-6195(89)90030-1	PROPN
ajfa-5975	253	27	brunnermeier	brunnermeier	NOUN
ajfa-5975	253	28	,	,	PUNCT
ajfa-5975	253	29	k.	k.	PROPN
ajfa-5975	253	30	,	,	PUNCT
ajfa-5975	253	31	m.	m.	NOUN
ajfa-5975	253	32	,	,	PUNCT
ajfa-5975	253	33	dong	dong	PROPN
ajfa-5975	253	34	,	,	PUNCT
ajfa-5975	253	35	g.	g.	PROPN
ajfa-5975	253	36	,	,	PUNCT
ajfa-5975	253	37	&	&	CCONJ
ajfa-5975	253	38	palia	palia	PROPN
ajfa-5975	253	39	,	,	PUNCT
ajfa-5975	253	40	d.	d.	PROPN
ajfa-5975	253	41	(	(	PUNCT
ajfa-5975	253	42	2012	2012	NUM
ajfa-5975	253	43	)	)	PUNCT
ajfa-5975	253	44	.	.	PUNCT
ajfa-5975	254	1	banks	bank	NOUN
ajfa-5975	254	2	’	’	PART
ajfa-5975	254	3	noninterest	noninter	ADJ
ajfa-5975	254	4	income	income	NOUN
ajfa-5975	254	5	and	and	CCONJ
ajfa-5975	254	6	systemic	systemic	ADJ
ajfa-5975	254	7	risk	risk	NOUN
ajfa-5975	254	8	’	'	PUNCT
ajfa-5975	254	9	,	,	PUNCT
ajfa-5975	254	10	chicago	chicago	PROPN
ajfa-5975	254	11	meetings	meeting	NOUN
ajfa-5975	254	12	paper	paper	NOUN
ajfa-5975	254	13	.	.	PUNCT
ajfa-5975	255	1	http://dx.doi.org/10.2139/ssrn.1786738	http://dx.doi.org/10.2139/ssrn.1786738	X
ajfa-5975	255	2	bord	bord	NOUN
ajfa-5975	255	3	,	,	PUNCT
ajfa-5975	255	4	v.	v.	ADP
ajfa-5975	255	5	m.	m.	NOUN
ajfa-5975	255	6	,	,	PUNCT
ajfa-5975	255	7	&	&	CCONJ
ajfa-5975	255	8	santos	santos	PROPN
ajfa-5975	255	9	,	,	PUNCT
ajfa-5975	255	10	j.	j.	PROPN
ajfa-5975	255	11	a.	a.	PROPN
ajfa-5975	255	12	(	(	PUNCT
ajfa-5975	255	13	2012	2012	NUM
ajfa-5975	255	14	)	)	PUNCT
ajfa-5975	255	15	.	.	PUNCT
ajfa-5975	256	1	the	the	DET
ajfa-5975	256	2	rise	rise	NOUN
ajfa-5975	256	3	of	of	ADP
ajfa-5975	256	4	the	the	DET
ajfa-5975	256	5	originate	originate	NOUN
ajfa-5975	256	6	-	-	PUNCT
ajfa-5975	256	7	to	to	ADP
ajfa-5975	256	8	-	-	PUNCT
ajfa-5975	256	9	distribute	distribute	VERB
ajfa-5975	256	10	model	model	NOUN
ajfa-5975	256	11	and	and	CCONJ
ajfa-5975	256	12	the	the	DET
ajfa-5975	256	13	role	role	NOUN
ajfa-5975	256	14	of	of	ADP
ajfa-5975	256	15	banks	bank	NOUN
ajfa-5975	256	16	in	in	ADP
ajfa-5975	256	17	financial	financial	ADJ
ajfa-5975	256	18	intermediation	intermediation	NOUN
ajfa-5975	256	19	.	.	PUNCT
ajfa-5975	257	1	federal	federal	PROPN
ajfa-5975	257	2	reserve	reserve	PROPN
ajfa-5975	257	3	bank	bank	PROPN
ajfa-5975	257	4	of	of	ADP
ajfa-5975	257	5	new	new	PROPN
ajfa-5975	257	6	york	york	PROPN
ajfa-5975	257	7	economic	economic	ADJ
ajfa-5975	257	8	policy	policy	NOUN
ajfa-5975	257	9	review	review	NOUN
ajfa-5975	257	10	,	,	PUNCT
ajfa-5975	257	11	18(2	18(2	NUM
ajfa-5975	257	12	)	)	PUNCT
ajfa-5975	257	13	,	,	PUNCT
ajfa-5975	257	14	21	21	NUM
ajfa-5975	257	15	-	-	SYM
ajfa-5975	257	16	34	34	NUM
ajfa-5975	257	17	.	.	PUNCT
ajfa-5975	258	1	asian	asian	ADJ
ajfa-5975	258	2	journal	journal	PROPN
ajfa-5975	258	3	of	of	ADP
ajfa-5975	258	4	finance	finance	PROPN
ajfa-5975	258	5	&	&	CCONJ
ajfa-5975	258	6	accounting	accounting	PROPN
ajfa-5975	258	7	issn	issn	PROPN
ajfa-5975	258	8	1946	1946	NUM
ajfa-5975	258	9	-	-	PUNCT
ajfa-5975	258	10	052x	052x	PROPN
ajfa-5975	258	11	2014	2014	NUM
ajfa-5975	258	12	,	,	PUNCT
ajfa-5975	258	13	vol	vol	NOUN
ajfa-5975	258	14	.	.	PROPN
ajfa-5975	259	1	6	6	NUM
ajfa-5975	259	2	,	,	PUNCT
ajfa-5975	259	3	no	no	INTJ
ajfa-5975	259	4	.	.	NOUN
ajfa-5975	259	5	2	2	NUM
ajfa-5975	259	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	259	7	211	211	NUM
ajfa-5975	259	8	boyd	boyd	NOUN
ajfa-5975	259	9	,	,	PUNCT
ajfa-5975	259	10	j.	j.	PROPN
ajfa-5975	259	11	h.	h.	PROPN
ajfa-5975	259	12	,	,	PUNCT
ajfa-5975	259	13	&	&	CCONJ
ajfa-5975	259	14	gertler	gertler	NOUN
ajfa-5975	259	15	,	,	PUNCT
ajfa-5975	259	16	m.	m.	NOUN
ajfa-5975	259	17	(	(	PUNCT
ajfa-5975	259	18	1993	1993	NUM
ajfa-5975	259	19	)	)	PUNCT
ajfa-5975	259	20	.	.	PUNCT
ajfa-5975	260	1	us	we	PRON
ajfa-5975	260	2	commercial	commercial	ADJ
ajfa-5975	260	3	banking	banking	NOUN
ajfa-5975	260	4	:	:	PUNCT
ajfa-5975	260	5	trends	trend	NOUN
ajfa-5975	260	6	,	,	PUNCT
ajfa-5975	260	7	cycles	cycle	NOUN
ajfa-5975	260	8	,	,	PUNCT
ajfa-5975	260	9	and	and	CCONJ
ajfa-5975	260	10	policy	policy	NOUN
ajfa-5975	260	11	.	.	PUNCT
ajfa-5975	261	1	in	in	ADP
ajfa-5975	261	2	nber	nber	PROPN
ajfa-5975	261	3	macroeconomics	macroeconomic	NOUN
ajfa-5975	261	4	annual	annual	ADJ
ajfa-5975	261	5	1993	1993	NUM
ajfa-5975	261	6	,	,	PUNCT
ajfa-5975	261	7	8	8	NUM
ajfa-5975	261	8	,	,	PUNCT
ajfa-5975	261	9	319	319	NUM
ajfa-5975	261	10	-	-	SYM
ajfa-5975	261	11	377	377	NUM
ajfa-5975	261	12	)	)	PUNCT
ajfa-5975	261	13	.	.	PUNCT
ajfa-5975	262	1	mit	mit	PROPN
ajfa-5975	262	2	press	press	PROPN
ajfa-5975	262	3	.	.	PUNCT
ajfa-5975	263	1	http://dx.doi.org/10.2307/3585037	http://dx.doi.org/10.2307/3585037	PROPN
ajfa-5975	263	2	canals	canal	NOUN
ajfa-5975	263	3	,	,	PUNCT
ajfa-5975	263	4	j.	j.	PROPN
ajfa-5975	263	5	(	(	PUNCT
ajfa-5975	263	6	1994	1994	NUM
ajfa-5975	263	7	)	)	PUNCT
ajfa-5975	263	8	.	.	PUNCT
ajfa-5975	264	1	competitive	competitive	ADJ
ajfa-5975	264	2	strategies	strategy	NOUN
ajfa-5975	264	3	in	in	ADP
ajfa-5975	264	4	european	european	ADJ
ajfa-5975	264	5	banking	banking	NOUN
ajfa-5975	264	6	.	.	PUNCT
ajfa-5975	265	1	oup	oup	NOUN
ajfa-5975	265	2	catalogue	catalogue	NOUN
ajfa-5975	265	3	.	.	PUNCT
ajfa-5975	266	1	http://dx.doi.org/10.1093/acprof:oso/9780198773504.001.0001	http://dx.doi.org/10.1093/acprof:oso/9780198773504.001.0001	PROPN
ajfa-5975	266	2	chow	chow	PROPN
ajfa-5975	266	3	,	,	PUNCT
ajfa-5975	266	4	j.	j.	PROPN
ajfa-5975	266	5	t.	t.	PROPN
ajfa-5975	266	6	(	(	PUNCT
ajfa-5975	266	7	2011	2011	NUM
ajfa-5975	266	8	)	)	PUNCT
ajfa-5975	266	9	.	.	PUNCT
ajfa-5975	267	1	making	make	VERB
ajfa-5975	267	2	banks	bank	NOUN
ajfa-5975	267	3	safer	safe	ADJ
ajfa-5975	267	4	:	:	PUNCT
ajfa-5975	267	5	can	can	AUX
ajfa-5975	267	6	volcker	volcker	VERB
ajfa-5975	267	7	and	and	CCONJ
ajfa-5975	267	8	vickers	vicker	NOUN
ajfa-5975	267	9	do	do	VERB
ajfa-5975	267	10	it	it	PRON
ajfa-5975	267	11	?	?	PUNCT
ajfa-5975	267	12	.	.	PUNCT
ajfa-5975	268	1	international	international	ADJ
ajfa-5975	268	2	monetary	monetary	ADJ
ajfa-5975	268	3	fund	fund	PROPN
ajfa-5975	268	4	.	.	PUNCT
ajfa-5975	269	1	davis	davis	PROPN
ajfa-5975	269	2	,	,	PUNCT
ajfa-5975	269	3	e.	e.	PROPN
ajfa-5975	269	4	p.	p.	PROPN
ajfa-5975	269	5	,	,	PUNCT
ajfa-5975	269	6	&	&	CCONJ
ajfa-5975	269	7	tuori	tuori	PROPN
ajfa-5975	269	8	,	,	PUNCT
ajfa-5975	269	9	k.	k.	PROPN
ajfa-5975	269	10	(	(	PUNCT
ajfa-5975	269	11	2000	2000	NUM
ajfa-5975	269	12	)	)	PUNCT
ajfa-5975	269	13	.	.	PUNCT
ajfa-5975	270	1	the	the	DET
ajfa-5975	270	2	changing	change	VERB
ajfa-5975	270	3	structure	structure	NOUN
ajfa-5975	270	4	of	of	ADP
ajfa-5975	270	5	banks	bank	NOUN
ajfa-5975	270	6	'	'	PART
ajfa-5975	270	7	income	income	NOUN
ajfa-5975	270	8	:	:	PUNCT
ajfa-5975	270	9	an	an	DET
ajfa-5975	270	10	empirical	empirical	ADJ
ajfa-5975	270	11	investigation	investigation	NOUN
ajfa-5975	270	12	.	.	PUNCT
ajfa-5975	271	1	brunel	brunel	PROPN
ajfa-5975	271	2	university	university	PROPN
ajfa-5975	271	3	,	,	PUNCT
ajfa-5975	271	4	department	department	NOUN
ajfa-5975	271	5	of	of	ADP
ajfa-5975	271	6	economics	economic	NOUN
ajfa-5975	271	7	and	and	CCONJ
ajfa-5975	271	8	finance	finance	NOUN
ajfa-5975	271	9	.	.	PUNCT
ajfa-5975	272	1	deyoung	deyoung	PROPN
ajfa-5975	272	2	,	,	PUNCT
ajfa-5975	272	3	r.	r.	PROPN
ajfa-5975	272	4	,	,	PUNCT
ajfa-5975	272	5	&	&	CCONJ
ajfa-5975	272	6	rice	rice	NOUN
ajfa-5975	272	7	,	,	PUNCT
ajfa-5975	272	8	t.	t.	PROPN
ajfa-5975	272	9	(	(	PUNCT
ajfa-5975	272	10	2004	2004	NUM
ajfa-5975	272	11	)	)	PUNCT
ajfa-5975	272	12	.	.	PUNCT
ajfa-5975	273	1	how	how	SCONJ
ajfa-5975	273	2	do	do	AUX
ajfa-5975	273	3	banks	bank	NOUN
ajfa-5975	273	4	make	make	VERB
ajfa-5975	273	5	money	money	NOUN
ajfa-5975	273	6	?	?	PUNCT
ajfa-5975	274	1	the	the	DET
ajfa-5975	274	2	fallacies	fallacy	NOUN
ajfa-5975	274	3	of	of	ADP
ajfa-5975	274	4	fee	fee	NOUN
ajfa-5975	274	5	income	income	NOUN
ajfa-5975	274	6	.	.	PUNCT
ajfa-5975	275	1	economic	economic	ADJ
ajfa-5975	275	2	perspectives	perspective	NOUN
ajfa-5975	275	3	-	-	PUNCT
ajfa-5975	275	4	federal	federal	PROPN
ajfa-5975	275	5	reserve	reserve	PROPN
ajfa-5975	275	6	bank	bank	PROPN
ajfa-5975	275	7	of	of	ADP
ajfa-5975	275	8	chicago	chicago	PROPN
ajfa-5975	275	9	,	,	PUNCT
ajfa-5975	275	10	28(4	28(4	NUM
ajfa-5975	275	11	)	)	PUNCT
ajfa-5975	275	12	,	,	PUNCT
ajfa-5975	275	13	34	34	NUM
ajfa-5975	275	14	.	.	PUNCT
ajfa-5975	276	1	edwards	edwards	PROPN
ajfa-5975	276	2	,	,	PUNCT
ajfa-5975	276	3	f.	f.	PROPN
ajfa-5975	276	4	r.	r.	PROPN
ajfa-5975	276	5	,	,	PUNCT
ajfa-5975	276	6	&	&	CCONJ
ajfa-5975	276	7	mishkin	mishkin	PROPN
ajfa-5975	276	8	,	,	PUNCT
ajfa-5975	276	9	f.	f.	PROPN
ajfa-5975	276	10	s.	s.	PROPN
ajfa-5975	276	11	(	(	PUNCT
ajfa-5975	276	12	1995	1995	NUM
ajfa-5975	276	13	)	)	PUNCT
ajfa-5975	276	14	.	.	PUNCT
ajfa-5975	277	1	the	the	DET
ajfa-5975	277	2	decline	decline	NOUN
ajfa-5975	277	3	of	of	ADP
ajfa-5975	277	4	traditional	traditional	ADJ
ajfa-5975	277	5	banking	banking	NOUN
ajfa-5975	277	6	:	:	PUNCT
ajfa-5975	277	7	implications	implication	NOUN
ajfa-5975	277	8	for	for	ADP
ajfa-5975	277	9	financial	financial	ADJ
ajfa-5975	277	10	stabilityand	stabilityand	NOUN
ajfa-5975	277	11	regulatory	regulatory	ADJ
ajfa-5975	277	12	policy	policy	NOUN
ajfa-5975	277	13	(	(	PUNCT
ajfa-5975	277	14	no	no	INTJ
ajfa-5975	277	15	.	.	PUNCT
ajfa-5975	277	16	w4993	w4993	NUM
ajfa-5975	277	17	)	)	PUNCT
ajfa-5975	277	18	.	.	PUNCT
ajfa-5975	278	1	national	national	PROPN
ajfa-5975	278	2	bureau	bureau	PROPN
ajfa-5975	278	3	of	of	ADP
ajfa-5975	278	4	economic	economic	ADJ
ajfa-5975	278	5	research	research	NOUN
ajfa-5975	278	6	.	.	PUNCT
ajfa-5975	279	1	http://dx.doi.org/10.3386/w4993	http://dx.doi.org/10.3386/w4993	PROPN
ajfa-5975	279	2	ecp	ecp	NOUN
ajfa-5975	279	3	(	(	PUNCT
ajfa-5975	279	4	2000	2000	NUM
ajfa-5975	279	5	)	)	PUNCT
ajfa-5975	279	6	.	.	PUNCT
ajfa-5975	280	1	‘	'	PUNCT
ajfa-5975	280	2	eu	eu	PROPN
ajfa-5975	280	3	banks	banks	PROPN
ajfa-5975	280	4	income	income	NOUN
ajfa-5975	280	5	structure	structure	NOUN
ajfa-5975	280	6	’	'	PUNCT
ajfa-5975	280	7	,	,	PUNCT
ajfa-5975	280	8	european	european	PROPN
ajfa-5975	280	9	central	central	PROPN
ajfa-5975	280	10	bank	bank	PROPN
ajfa-5975	280	11	,	,	PUNCT
ajfa-5975	280	12	available	available	ADJ
ajfa-5975	280	13	at	at	ADP
ajfa-5975	280	14	;	;	PUNCT
ajfa-5975	280	15	https://www.ecb.europa.eu/pub/pdf/other/eubkincen.pdf	https://www.ecb.europa.eu/pub/pdf/other/eubkincen.pdf	PROPN
ajfa-5975	280	16	eisemann	eisemann	PROPN
ajfa-5975	280	17	,	,	PUNCT
ajfa-5975	280	18	p.	p.	NOUN
ajfa-5975	280	19	(	(	PUNCT
ajfa-5975	280	20	1976	1976	NUM
ajfa-5975	280	21	)	)	PUNCT
ajfa-5975	280	22	.	.	PUNCT
ajfa-5975	281	1	diversification	diversification	NOUN
ajfa-5975	281	2	and	and	CCONJ
ajfa-5975	281	3	the	the	DET
ajfa-5975	281	4	congeneric	congeneric	ADJ
ajfa-5975	281	5	bank	bank	NOUN
ajfa-5975	281	6	holding	hold	VERB
ajfa-5975	281	7	company	company	NOUN
ajfa-5975	281	8	.	.	PUNCT
ajfa-5975	282	1	journal	journal	PROPN
ajfa-5975	282	2	of	of	ADP
ajfa-5975	282	3	bank	bank	PROPN
ajfa-5975	282	4	research	research	NOUN
ajfa-5975	282	5	,	,	PUNCT
ajfa-5975	282	6	7(1	7(1	NUM
ajfa-5975	282	7	)	)	PUNCT
ajfa-5975	282	8	,	,	PUNCT
ajfa-5975	282	9	68	68	NUM
ajfa-5975	282	10	-	-	SYM
ajfa-5975	282	11	77	77	NUM
ajfa-5975	282	12	.	.	PUNCT
ajfa-5975	283	1	gallo	gallo	PROPN
ajfa-5975	283	2	,	,	PUNCT
ajfa-5975	283	3	j.	j.	PROPN
ajfa-5975	283	4	g.	g.	PROPN
ajfa-5975	283	5	,	,	PUNCT
ajfa-5975	283	6	apilado	apilado	PROPN
ajfa-5975	283	7	,	,	PUNCT
ajfa-5975	283	8	v.	v.	PROPN
ajfa-5975	283	9	p.	p.	PROPN
ajfa-5975	283	10	,	,	PUNCT
ajfa-5975	283	11	&	&	CCONJ
ajfa-5975	283	12	kolari	kolari	PROPN
ajfa-5975	283	13	,	,	PUNCT
ajfa-5975	283	14	j.	j.	PROPN
ajfa-5975	283	15	w.	w.	PROPN
ajfa-5975	283	16	(	(	PUNCT
ajfa-5975	283	17	1996	1996	NUM
ajfa-5975	283	18	)	)	PUNCT
ajfa-5975	283	19	.	.	PUNCT
ajfa-5975	284	1	commercial	commercial	PROPN
ajfa-5975	284	2	bank	bank	PROPN
ajfa-5975	284	3	mutual	mutual	ADJ
ajfa-5975	284	4	fund	fund	NOUN
ajfa-5975	284	5	activities	activity	NOUN
ajfa-5975	284	6	:	:	PUNCT
ajfa-5975	284	7	implications	implication	NOUN
ajfa-5975	284	8	for	for	ADP
ajfa-5975	284	9	bank	bank	NOUN
ajfa-5975	284	10	risk	risk	NOUN
ajfa-5975	284	11	and	and	CCONJ
ajfa-5975	284	12	profitability	profitability	NOUN
ajfa-5975	284	13	.	.	PUNCT
ajfa-5975	285	1	journal	journal	NOUN
ajfa-5975	285	2	of	of	ADP
ajfa-5975	285	3	banking	banking	NOUN
ajfa-5975	285	4	&	&	CCONJ
ajfa-5975	285	5	finance	finance	PROPN
ajfa-5975	285	6	,	,	PUNCT
ajfa-5975	285	7	20(10	20(10	NUM
ajfa-5975	285	8	)	)	PUNCT
ajfa-5975	285	9	,	,	PUNCT
ajfa-5975	285	10	1775	1775	NUM
ajfa-5975	285	11	-	-	SYM
ajfa-5975	285	12	1791	1791	NUM
ajfa-5975	285	13	.	.	PUNCT
ajfa-5975	286	1	http://dx.doi.org/10.1016/s0378-4266(96)00024-6	http://dx.doi.org/10.1016/s0378-4266(96)00024-6	PROPN
ajfa-5975	286	2	griffiths	griffiths	PROPN
ajfa-5975	286	3	,	,	PUNCT
ajfa-5975	286	4	k.	k.	PROPN
ajfa-5975	286	5	,	,	PUNCT
ajfa-5975	286	6	(	(	PUNCT
ajfa-5975	286	7	2011	2011	NUM
ajfa-5975	286	8	)	)	PUNCT
ajfa-5975	286	9	.	.	PUNCT
ajfa-5975	287	1	if	if	SCONJ
ajfa-5975	287	2	we	we	PRON
ajfa-5975	287	3	must	must	AUX
ajfa-5975	287	4	ring	ring	VERB
ajfa-5975	287	5	fence	fence	NOUN
ajfa-5975	287	6	retail	retail	ADJ
ajfa-5975	287	7	banking	banking	NOUN
ajfa-5975	287	8	,	,	PUNCT
ajfa-5975	287	9	this	this	PRON
ajfa-5975	287	10	is	be	AUX
ajfa-5975	287	11	how	how	SCONJ
ajfa-5975	287	12	it	it	PRON
ajfa-5975	287	13	should	should	AUX
ajfa-5975	287	14	be	be	AUX
ajfa-5975	287	15	done	do	VERB
ajfa-5975	287	16	,	,	PUNCT
ajfa-5975	287	17	say	say	VERB
ajfa-5975	287	18	big	big	ADJ
ajfa-5975	287	19	banks	bank	NOUN
ajfa-5975	287	20	.	.	PUNCT
ajfa-5975	288	1	the	the	DET
ajfa-5975	288	2	times	times	PROPN
ajfa-5975	288	3	section	section	PROPN
ajfa-5975	288	4	42	42	NUM
ajfa-5975	288	5	.	.	PUNCT
ajfa-5975	289	1	hale	hale	PROPN
ajfa-5975	289	2	,	,	PUNCT
ajfa-5975	289	3	g.	g.	PROPN
ajfa-5975	289	4	,	,	PUNCT
ajfa-5975	289	5	&	&	CCONJ
ajfa-5975	289	6	santos	santos	PROPN
ajfa-5975	289	7	,	,	PUNCT
ajfa-5975	289	8	j.	j.	PROPN
ajfa-5975	289	9	a.	a.	PROPN
ajfa-5975	289	10	(	(	PUNCT
ajfa-5975	289	11	2009	2009	NUM
ajfa-5975	289	12	)	)	PUNCT
ajfa-5975	289	13	.	.	PUNCT
ajfa-5975	290	1	do	do	AUX
ajfa-5975	290	2	banks	bank	NOUN
ajfa-5975	290	3	price	price	VERB
ajfa-5975	290	4	their	their	PRON
ajfa-5975	290	5	informational	informational	ADJ
ajfa-5975	290	6	monopoly	monopoly	NOUN
ajfa-5975	290	7	?	?	PUNCT
ajfa-5975	290	8	.	.	PUNCT
ajfa-5975	291	1	journal	journal	PROPN
ajfa-5975	291	2	of	of	ADP
ajfa-5975	291	3	financial	financial	ADJ
ajfa-5975	291	4	economics	economic	NOUN
ajfa-5975	291	5	,	,	PUNCT
ajfa-5975	291	6	93(2	93(2	NOUN
ajfa-5975	291	7	)	)	PUNCT
ajfa-5975	291	8	,	,	PUNCT
ajfa-5975	291	9	185	185	NUM
ajfa-5975	291	10	-	-	SYM
ajfa-5975	291	11	206	206	NUM
ajfa-5975	291	12	.	.	PUNCT
ajfa-5975	292	1	http://dx.doi.org/10.1016/j.jfineco.2008.08.003	http://dx.doi.org/10.1016/j.jfineco.2008.08.003	PROPN
ajfa-5975	292	2	kashyap	kashyap	PROPN
ajfa-5975	292	3	,	,	PUNCT
ajfa-5975	292	4	a.	a.	PROPN
ajfa-5975	292	5	k.	k.	PROPN
ajfa-5975	292	6	,	,	PUNCT
ajfa-5975	292	7	rajan	rajan	PROPN
ajfa-5975	292	8	,	,	PUNCT
ajfa-5975	292	9	r.	r.	PROPN
ajfa-5975	292	10	,	,	PUNCT
ajfa-5975	292	11	&	&	CCONJ
ajfa-5975	292	12	stein	stein	PROPN
ajfa-5975	292	13	,	,	PUNCT
ajfa-5975	292	14	j.	j.	PROPN
ajfa-5975	292	15	c.	c.	PROPN
ajfa-5975	292	16	(	(	PUNCT
ajfa-5975	292	17	2002	2002	NUM
ajfa-5975	292	18	)	)	PUNCT
ajfa-5975	292	19	.	.	PUNCT
ajfa-5975	293	1	banks	bank	NOUN
ajfa-5975	293	2	as	as	ADP
ajfa-5975	293	3	liquidity	liquidity	NOUN
ajfa-5975	293	4	providers	provider	NOUN
ajfa-5975	293	5	:	:	PUNCT
ajfa-5975	293	6	an	an	DET
ajfa-5975	293	7	explanation	explanation	NOUN
ajfa-5975	293	8	for	for	ADP
ajfa-5975	293	9	the	the	DET
ajfa-5975	293	10	coexistence	coexistence	NOUN
ajfa-5975	293	11	of	of	ADP
ajfa-5975	293	12	lending	lending	NOUN
ajfa-5975	293	13	and	and	CCONJ
ajfa-5975	293	14	deposit‐taking	deposit‐taking	NOUN
ajfa-5975	293	15	.	.	PUNCT
ajfa-5975	294	1	the	the	DET
ajfa-5975	294	2	journal	journal	PROPN
ajfa-5975	294	3	of	of	ADP
ajfa-5975	294	4	finance	finance	NOUN
ajfa-5975	294	5	,	,	PUNCT
ajfa-5975	294	6	57(1	57(1	NUM
ajfa-5975	294	7	)	)	PUNCT
ajfa-5975	294	8	,	,	PUNCT
ajfa-5975	294	9	33	33	NUM
ajfa-5975	294	10	-	-	SYM
ajfa-5975	294	11	73	73	NUM
ajfa-5975	294	12	.	.	PUNCT
ajfa-5975	295	1	http://dx.doi.org/10.1111/1540-6261.00415	http://dx.doi.org/10.1111/1540-6261.00415	NOUN
ajfa-5975	295	2	kwast	kwast	NOUN
ajfa-5975	295	3	,	,	PUNCT
ajfa-5975	295	4	m.	m.	NOUN
ajfa-5975	295	5	l.	l.	PROPN
ajfa-5975	295	6	(	(	PUNCT
ajfa-5975	295	7	1989	1989	NUM
ajfa-5975	295	8	)	)	PUNCT
ajfa-5975	295	9	.	.	PUNCT
ajfa-5975	296	1	the	the	DET
ajfa-5975	296	2	impact	impact	NOUN
ajfa-5975	296	3	of	of	ADP
ajfa-5975	296	4	underwriting	underwriting	NOUN
ajfa-5975	296	5	and	and	CCONJ
ajfa-5975	296	6	dealing	deal	VERB
ajfa-5975	296	7	on	on	ADP
ajfa-5975	296	8	bank	bank	NOUN
ajfa-5975	296	9	returns	return	NOUN
ajfa-5975	296	10	and	and	CCONJ
ajfa-5975	296	11	risks	risk	NOUN
ajfa-5975	296	12	.	.	PUNCT
ajfa-5975	297	1	journal	journal	NOUN
ajfa-5975	297	2	of	of	ADP
ajfa-5975	297	3	banking	banking	NOUN
ajfa-5975	297	4	&	&	CCONJ
ajfa-5975	297	5	finance	finance	PROPN
ajfa-5975	297	6	,	,	PUNCT
ajfa-5975	297	7	13(1	13(1	NUM
ajfa-5975	297	8	)	)	PUNCT
ajfa-5975	297	9	,	,	PUNCT
ajfa-5975	297	10	101	101	NUM
ajfa-5975	297	11	-	-	SYM
ajfa-5975	297	12	125	125	NUM
ajfa-5975	297	13	.	.	PUNCT
ajfa-5975	298	1	http://dx.doi.org/10.1016/0378-4266(89)90022-8	http://dx.doi.org/10.1016/0378-4266(89)90022-8	PROPN
ajfa-5975	298	2	kaufman	kaufman	PROPN
ajfa-5975	298	3	,	,	PUNCT
ajfa-5975	298	4	g.	g.	PROPN
ajfa-5975	298	5	g.	g.	PROPN
ajfa-5975	298	6	,	,	PUNCT
ajfa-5975	298	7	&	&	CCONJ
ajfa-5975	298	8	mote	mote	PROPN
ajfa-5975	298	9	,	,	PUNCT
ajfa-5975	298	10	l.	l.	PROPN
ajfa-5975	298	11	r.	r.	PROPN
ajfa-5975	298	12	(	(	PUNCT
ajfa-5975	298	13	1994	1994	NUM
ajfa-5975	298	14	)	)	PUNCT
ajfa-5975	298	15	.	.	PUNCT
ajfa-5975	299	1	is	be	AUX
ajfa-5975	299	2	banking	bank	VERB
ajfa-5975	299	3	a	a	DET
ajfa-5975	299	4	declining	decline	VERB
ajfa-5975	299	5	industry	industry	NOUN
ajfa-5975	299	6	?	?	PUNCT
ajfa-5975	300	1	a	a	DET
ajfa-5975	300	2	historical	historical	ADJ
ajfa-5975	300	3	perspective	perspective	NOUN
ajfa-5975	300	4	.	.	PUNCT
ajfa-5975	301	1	economic	economic	ADJ
ajfa-5975	301	2	perspectives	perspective	NOUN
ajfa-5975	301	3	,	,	PUNCT
ajfa-5975	301	4	(	(	PUNCT
ajfa-5975	301	5	may	may	AUX
ajfa-5975	301	6	)	)	PUNCT
ajfa-5975	301	7	,	,	PUNCT
ajfa-5975	301	8	2	2	NUM
ajfa-5975	301	9	-	-	SYM
ajfa-5975	301	10	21	21	NUM
ajfa-5975	301	11	.	.	PUNCT
ajfa-5975	302	1	kpmg	kpmg	PROPN
ajfa-5975	302	2	,	,	PUNCT
ajfa-5975	302	3	2012	2012	NUM
ajfa-5975	302	4	,	,	PUNCT
ajfa-5975	302	5	annual	annual	ADJ
ajfa-5975	302	6	report	report	NOUN
ajfa-5975	302	7	2012	2012	NUM
ajfa-5975	302	8	,	,	PUNCT
ajfa-5975	302	9	available	available	ADJ
ajfa-5975	302	10	at	at	ADP
ajfa-5975	302	11	:	:	PUNCT
ajfa-5975	302	12	http://www.kpmg.com/eu/en/documents/kpmg-annual-report-2012-new.pdf	http://www.kpmg.com/eu/en/documents/kpmg-annual-report-2012-new.pdf	X
ajfa-5975	302	13	asian	asian	PROPN
ajfa-5975	302	14	journal	journal	PROPN
ajfa-5975	302	15	of	of	ADP
ajfa-5975	302	16	finance	finance	PROPN
ajfa-5975	302	17	&	&	CCONJ
ajfa-5975	302	18	accounting	accounting	PROPN
ajfa-5975	302	19	issn	issn	PROPN
ajfa-5975	302	20	1946	1946	NUM
ajfa-5975	302	21	-	-	PUNCT
ajfa-5975	302	22	052x	052x	PROPN
ajfa-5975	302	23	2014	2014	NUM
ajfa-5975	302	24	,	,	PUNCT
ajfa-5975	302	25	vol	vol	NOUN
ajfa-5975	302	26	.	.	PROPN
ajfa-5975	302	27	6	6	NUM
ajfa-5975	302	28	,	,	PUNCT
ajfa-5975	302	29	no	no	INTJ
ajfa-5975	302	30	.	.	NOUN
ajfa-5975	302	31	2	2	NUM
ajfa-5975	302	32	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	302	33	212	212	NUM
ajfa-5975	302	34	lepetit	lepetit	ADJ
ajfa-5975	302	35	,	,	PUNCT
ajfa-5975	302	36	l.	l.	PROPN
ajfa-5975	302	37	,	,	PUNCT
ajfa-5975	302	38	nys	nys	PROPN
ajfa-5975	302	39	,	,	PUNCT
ajfa-5975	302	40	e.	e.	PROPN
ajfa-5975	302	41	,	,	PUNCT
ajfa-5975	302	42	rous	rous	ADJ
ajfa-5975	302	43	,	,	PUNCT
ajfa-5975	302	44	p.	p.	NOUN
ajfa-5975	302	45	,	,	PUNCT
ajfa-5975	302	46	&	&	CCONJ
ajfa-5975	302	47	tarazi	tarazi	NOUN
ajfa-5975	302	48	,	,	PUNCT
ajfa-5975	302	49	a.	a.	NOUN
ajfa-5975	302	50	(	(	PUNCT
ajfa-5975	302	51	2008	2008	NUM
ajfa-5975	302	52	)	)	PUNCT
ajfa-5975	302	53	.	.	PUNCT
ajfa-5975	303	1	bank	bank	NOUN
ajfa-5975	303	2	income	income	NOUN
ajfa-5975	303	3	structure	structure	NOUN
ajfa-5975	303	4	and	and	CCONJ
ajfa-5975	303	5	risk	risk	NOUN
ajfa-5975	303	6	:	:	PUNCT
ajfa-5975	303	7	an	an	DET
ajfa-5975	303	8	empirical	empirical	ADJ
ajfa-5975	303	9	analysis	analysis	NOUN
ajfa-5975	303	10	of	of	ADP
ajfa-5975	303	11	european	european	ADJ
ajfa-5975	303	12	banks	bank	NOUN
ajfa-5975	303	13	.	.	PUNCT
ajfa-5975	304	1	journal	journal	PROPN
ajfa-5975	304	2	of	of	ADP
ajfa-5975	304	3	banking	banking	NOUN
ajfa-5975	304	4	&	&	CCONJ
ajfa-5975	304	5	finance	finance	NOUN
ajfa-5975	304	6	,	,	PUNCT
ajfa-5975	304	7	32(8	32(8	NUM
ajfa-5975	304	8	)	)	PUNCT
ajfa-5975	304	9	,	,	PUNCT
ajfa-5975	304	10	1452	1452	NUM
ajfa-5975	304	11	-	-	SYM
ajfa-5975	304	12	1467	1467	NUM
ajfa-5975	304	13	.	.	PUNCT
ajfa-5975	305	1	http://dx.doi.org/10.1016/j.jbankfin.2007.12.002	http://dx.doi.org/10.1016/j.jbankfin.2007.12.002	NOUN
ajfa-5975	305	2	lui	lui	NOUN
ajfa-5975	305	3	,	,	PUNCT
ajfa-5975	305	4	a.	a.	NOUN
ajfa-5975	305	5	(	(	PUNCT
ajfa-5975	305	6	2012	2012	NUM
ajfa-5975	305	7	)	)	PUNCT
ajfa-5975	305	8	.	.	PUNCT
ajfa-5975	306	1	retail	retail	ADJ
ajfa-5975	306	2	ring	ring	NOUN
ajfa-5975	306	3	-	-	PUNCT
ajfa-5975	306	4	fencing	fencing	NOUN
ajfa-5975	306	5	of	of	ADP
ajfa-5975	306	6	banks	bank	NOUN
ajfa-5975	306	7	and	and	CCONJ
ajfa-5975	306	8	its	its	PRON
ajfa-5975	306	9	implications	implication	NOUN
ajfa-5975	306	10	.	.	PUNCT
ajfa-5975	307	1	journal	journal	NOUN
ajfa-5975	307	2	of	of	ADP
ajfa-5975	307	3	banking	banking	NOUN
ajfa-5975	307	4	regulation	regulation	NOUN
ajfa-5975	307	5	,	,	PUNCT
ajfa-5975	307	6	13(4	13(4	NUM
ajfa-5975	307	7	)	)	PUNCT
ajfa-5975	307	8	,	,	PUNCT
ajfa-5975	307	9	336	336	NUM
ajfa-5975	307	10	-	-	SYM
ajfa-5975	307	11	348	348	NUM
ajfa-5975	307	12	.	.	PUNCT
ajfa-5975	308	1	http://dx.doi.org/10.1057/jbr.2011.27	http://dx.doi.org/10.1057/jbr.2011.27	PROPN
ajfa-5975	308	2	mester	mester	PROPN
ajfa-5975	308	3	,	,	PUNCT
ajfa-5975	308	4	l.	l.	PROPN
ajfa-5975	308	5	,	,	PUNCT
ajfa-5975	308	6	(	(	PUNCT
ajfa-5975	308	7	1992	1992	NUM
ajfa-5975	308	8	)	)	PUNCT
ajfa-5975	308	9	.	.	PUNCT
ajfa-5975	309	1	‘	'	PUNCT
ajfa-5975	309	2	traditional	traditional	ADJ
ajfa-5975	309	3	and	and	CCONJ
ajfa-5975	309	4	non	non	ADJ
ajfa-5975	309	5	-	-	ADJ
ajfa-5975	309	6	traditional	traditional	ADJ
ajfa-5975	309	7	banking	banking	NOUN
ajfa-5975	309	8	:	:	PUNCT
ajfa-5975	309	9	an	an	DET
ajfa-5975	309	10	information	information	NOUN
ajfa-5975	309	11	-	-	PUNCT
ajfa-5975	309	12	theoretic	theoretic	NOUN
ajfa-5975	309	13	approach	approach	NOUN
ajfa-5975	309	14	’	'	PUNCT
ajfa-5975	309	15	,	,	PUNCT
ajfa-5975	309	16	journal	journal	NOUN
ajfa-5975	309	17	of	of	ADP
ajfa-5975	309	18	banking	banking	NOUN
ajfa-5975	309	19	and	and	CCONJ
ajfa-5975	309	20	finance	finance	NOUN
ajfa-5975	309	21	,	,	PUNCT
ajfa-5975	309	22	6(3	6(3	NUM
ajfa-5975	309	23	)	)	PUNCT
ajfa-5975	309	24	,	,	PUNCT
ajfa-5975	309	25	545	545	NUM
ajfa-5975	309	26	-	-	SYM
ajfa-5975	309	27	66	66	NUM
ajfa-5975	309	28	.	.	PUNCT
ajfa-5975	310	1	http://dx.doi.org/10.1016/0378-4266(92)90044-z	http://dx.doi.org/10.1016/0378-4266(92)90044-z	PROPN
ajfa-5975	310	2	s	s	PART
ajfa-5975	310	3	mishkin	mishkin	PROPN
ajfa-5975	310	4	,	,	PUNCT
ajfa-5975	310	5	f.	f.	PROPN
ajfa-5975	310	6	(	(	PUNCT
ajfa-5975	310	7	1999	1999	NUM
ajfa-5975	310	8	)	)	PUNCT
ajfa-5975	310	9	.	.	PUNCT
ajfa-5975	311	1	financial	financial	ADJ
ajfa-5975	311	2	consolidation	consolidation	NOUN
ajfa-5975	311	3	:	:	PUNCT
ajfa-5975	311	4	dangers	danger	NOUN
ajfa-5975	311	5	and	and	CCONJ
ajfa-5975	311	6	opportunities	opportunity	NOUN
ajfa-5975	311	7	.	.	PUNCT
ajfa-5975	312	1	journal	journal	NOUN
ajfa-5975	312	2	of	of	ADP
ajfa-5975	312	3	banking	banking	NOUN
ajfa-5975	312	4	&	&	CCONJ
ajfa-5975	312	5	finance	finance	PROPN
ajfa-5975	312	6	,	,	PUNCT
ajfa-5975	312	7	23(2	23(2	NUM
ajfa-5975	312	8	)	)	PUNCT
ajfa-5975	312	9	,	,	PUNCT
ajfa-5975	312	10	675	675	NUM
ajfa-5975	312	11	-	-	SYM
ajfa-5975	312	12	691	691	NUM
ajfa-5975	312	13	.	.	PUNCT
ajfa-5975	313	1	http://dx.doi.org/10.1016/s0378-4266(98)00084-3	http://dx.doi.org/10.1016/s0378-4266(98)00084-3	PROPN
ajfa-5975	313	2	piciu	piciu	NOUN
ajfa-5975	313	3	,	,	PUNCT
ajfa-5975	313	4	g.	g.	PROPN
ajfa-5975	313	5	c.	c.	PROPN
ajfa-5975	313	6	,	,	PUNCT
ajfa-5975	313	7	chitiga	chitiga	PROPN
ajfa-5975	313	8	,	,	PUNCT
ajfa-5975	313	9	g.	g.	PROPN
ajfa-5975	313	10	,	,	PUNCT
ajfa-5975	313	11	mihaila	mihaila	NOUN
ajfa-5975	313	12	,	,	PUNCT
ajfa-5975	313	13	n.	n.	NOUN
ajfa-5975	313	14	,	,	PUNCT
ajfa-5975	313	15	&	&	CCONJ
ajfa-5975	313	16	trica	trica	PROPN
ajfa-5975	313	17	,	,	PUNCT
ajfa-5975	313	18	c.	c.	PROPN
ajfa-5975	313	19	(	(	PUNCT
ajfa-5975	313	20	2011	2011	NUM
ajfa-5975	313	21	)	)	PUNCT
ajfa-5975	313	22	.	.	PUNCT
ajfa-5975	314	1	the	the	DET
ajfa-5975	314	2	decline	decline	NOUN
ajfa-5975	314	3	of	of	ADP
ajfa-5975	314	4	traditional	traditional	ADJ
ajfa-5975	314	5	banking	banking	NOUN
ajfa-5975	314	6	activities	activity	NOUN
ajfa-5975	314	7	.	.	PUNCT
ajfa-5975	315	1	eirp	eirp	PROPN
ajfa-5975	315	2	proceedings	proceeding	NOUN
ajfa-5975	315	3	,	,	PUNCT
ajfa-5975	315	4	6	6	NUM
ajfa-5975	315	5	.	.	PUNCT
ajfa-5975	316	1	smith	smith	PROPN
ajfa-5975	316	2	,	,	PUNCT
ajfa-5975	316	3	r.	r.	PROPN
ajfa-5975	316	4	,	,	PUNCT
ajfa-5975	316	5	staikouras	staikoura	NOUN
ajfa-5975	316	6	,	,	PUNCT
ajfa-5975	316	7	c.	c.	PROPN
ajfa-5975	316	8	,	,	PUNCT
ajfa-5975	316	9	&	&	CCONJ
ajfa-5975	316	10	wood	wood	PROPN
ajfa-5975	316	11	,	,	PUNCT
ajfa-5975	316	12	g.	g.	PROPN
ajfa-5975	316	13	(	(	PUNCT
ajfa-5975	316	14	2003	2003	NUM
ajfa-5975	316	15	)	)	PUNCT
ajfa-5975	316	16	.	.	PUNCT
ajfa-5975	317	1	non	non	ADJ
ajfa-5975	317	2	-	-	ADJ
ajfa-5975	317	3	interest	interest	ADJ
ajfa-5975	317	4	income	income	NOUN
ajfa-5975	317	5	and	and	CCONJ
ajfa-5975	317	6	total	total	ADJ
ajfa-5975	317	7	income	income	NOUN
ajfa-5975	317	8	stability	stability	NOUN
ajfa-5975	317	9	(	(	PUNCT
ajfa-5975	317	10	p.	p.	NOUN
ajfa-5975	317	11	37	37	NUM
ajfa-5975	317	12	)	)	PUNCT
ajfa-5975	317	13	.	.	PUNCT
ajfa-5975	318	1	bank	bank	PROPN
ajfa-5975	318	2	of	of	ADP
ajfa-5975	318	3	england	england	PROPN
ajfa-5975	318	4	.	.	PUNCT
ajfa-5975	319	1	saunders	saunders	PROPN
ajfa-5975	319	2	,	,	PUNCT
ajfa-5975	319	3	a.	a.	PROPN
ajfa-5975	319	4	,	,	PUNCT
ajfa-5975	319	5	&	&	CCONJ
ajfa-5975	319	6	walter	walter	PROPN
ajfa-5975	319	7	,	,	PUNCT
ajfa-5975	319	8	i.	i.	PROPN
ajfa-5975	319	9	(	(	PUNCT
ajfa-5975	319	10	1994	1994	NUM
ajfa-5975	319	11	)	)	PUNCT
ajfa-5975	319	12	.	.	PUNCT
ajfa-5975	320	1	universal	universal	ADJ
ajfa-5975	320	2	banking	banking	NOUN
ajfa-5975	320	3	in	in	ADP
ajfa-5975	320	4	the	the	DET
ajfa-5975	320	5	united	united	PROPN
ajfa-5975	320	6	states	states	PROPN
ajfa-5975	320	7	:	:	PUNCT
ajfa-5975	320	8	what	what	PRON
ajfa-5975	320	9	could	could	AUX
ajfa-5975	320	10	we	we	PRON
ajfa-5975	320	11	gain	gain	VERB
ajfa-5975	320	12	?	?	PUNCT
ajfa-5975	321	1	what	what	PRON
ajfa-5975	321	2	could	could	AUX
ajfa-5975	321	3	we	we	PRON
ajfa-5975	321	4	lose	lose	VERB
ajfa-5975	321	5	?	?	PUNCT
ajfa-5975	321	6	.	.	PUNCT
ajfa-5975	322	1	oup	oup	NOUN
ajfa-5975	322	2	catalogue	catalogue	NOUN
ajfa-5975	322	3	.	.	PUNCT
ajfa-5975	323	1	uppal	uppal	PROPN
ajfa-5975	323	2	,	,	PUNCT
ajfa-5975	323	3	r.	r.	PROPN
ajfa-5975	323	4	k.	k.	PROPN
ajfa-5975	323	5	(	(	PUNCT
ajfa-5975	323	6	2011	2011	NUM
ajfa-5975	323	7	)	)	PUNCT
ajfa-5975	323	8	.	.	PUNCT
ajfa-5975	324	1	fee	fee	NOUN
ajfa-5975	324	2	-	-	PUNCT
ajfa-5975	324	3	based	base	VERB
ajfa-5975	324	4	activities	activity	NOUN
ajfa-5975	324	5	in	in	ADP
ajfa-5975	324	6	indian	indian	ADJ
ajfa-5975	324	7	banks	bank	NOUN
ajfa-5975	324	8	.	.	PUNCT
ajfa-5975	325	1	international	international	ADJ
ajfa-5975	325	2	journal	journal	PROPN
ajfa-5975	325	3	of	of	ADP
ajfa-5975	325	4	research	research	NOUN
ajfa-5975	325	5	in	in	ADP
ajfa-5975	325	6	it	it	PRON
ajfa-5975	325	7	&	&	CCONJ
ajfa-5975	325	8	management	management	NOUN
ajfa-5975	325	9	,	,	PUNCT
ajfa-5975	325	10	1(1	1(1	NUM
ajfa-5975	325	11	)	)	PUNCT
ajfa-5975	325	12	.	.	PUNCT
ajfa-5975	326	1	vickers	vickers	PROPN
ajfa-5975	326	2	,	,	PUNCT
ajfa-5975	326	3	j.	j.	PROPN
ajfa-5975	326	4	(	(	PUNCT
ajfa-5975	326	5	2011a	2011a	NUM
ajfa-5975	326	6	)	)	PUNCT
ajfa-5975	326	7	.	.	PUNCT
ajfa-5975	327	1	interim	interim	ADJ
ajfa-5975	327	2	report	report	NOUN
ajfa-5975	327	3	:	:	PUNCT
ajfa-5975	327	4	consultation	consultation	NOUN
ajfa-5975	327	5	on	on	ADP
ajfa-5975	327	6	reform	reform	NOUN
ajfa-5975	327	7	options	option	NOUN
ajfa-5975	327	8	.	.	PUNCT
ajfa-5975	328	1	in	in	ADP
ajfa-5975	328	2	:	:	PUNCT
ajfa-5975	328	3	banking	banking	NOUN
ajfa-5975	328	4	ico	ico	PROPN
ajfa-5975	328	5	(	(	PUNCT
ajfa-5975	328	6	ed	ed	NOUN
ajfa-5975	328	7	.	.	PUNCT
ajfa-5975	328	8	)	)	PUNCT
ajfa-5975	328	9	.	.	PUNCT
ajfa-5975	329	1	vickers	vickers	PROPN
ajfa-5975	329	2	,	,	PUNCT
ajfa-5975	329	3	j.	j.	PROPN
ajfa-5975	329	4	(	(	PUNCT
ajfa-5975	329	5	september	september	PROPN
ajfa-5975	329	6	2011	2011	NUM
ajfa-5975	329	7	)	)	PUNCT
ajfa-5975	329	8	.	.	PUNCT
ajfa-5975	330	1	the	the	DET
ajfa-5975	330	2	independent	independent	ADJ
ajfa-5975	330	3	commission	commission	NOUN
ajfa-5975	330	4	on	on	ADP
ajfa-5975	330	5	banking	banking	NOUN
ajfa-5975	330	6	final	final	ADJ
ajfa-5975	330	7	report	report	NOUN
ajfa-5975	330	8	recommendations	recommendation	NOUN
ajfa-5975	330	9	.	.	PUNCT
ajfa-5975	331	1	appendix	appendix	VERB
ajfa-5975	331	2	figureure	figureure	NOUN
ajfa-5975	331	3	3	3	NUM
ajfa-5975	331	4	.	.	PUNCT
ajfa-5975	331	5	noninterest	noninter	ADJ
ajfa-5975	331	6	income	income	NOUN
ajfa-5975	331	7	british	british	ADJ
ajfa-5975	331	8	banks	bank	NOUN
ajfa-5975	331	9	from	from	ADP
ajfa-5975	331	10	1986	1986	NUM
ajfa-5975	331	11	-	-	SYM
ajfa-5975	331	12	2012	2012	NUM
ajfa-5975	331	13	asian	asian	ADJ
ajfa-5975	331	14	journal	journal	NOUN
ajfa-5975	331	15	of	of	ADP
ajfa-5975	331	16	finance	finance	PROPN
ajfa-5975	331	17	&	&	CCONJ
ajfa-5975	331	18	accounting	accounting	PROPN
ajfa-5975	331	19	issn	issn	PROPN
ajfa-5975	331	20	1946	1946	NUM
ajfa-5975	331	21	-	-	PUNCT
ajfa-5975	331	22	052x	052x	PROPN
ajfa-5975	331	23	2014	2014	NUM
ajfa-5975	331	24	,	,	PUNCT
ajfa-5975	331	25	vol	vol	NOUN
ajfa-5975	331	26	.	.	PROPN
ajfa-5975	331	27	6	6	NUM
ajfa-5975	331	28	,	,	PUNCT
ajfa-5975	331	29	no	no	INTJ
ajfa-5975	331	30	.	.	NOUN
ajfa-5975	331	31	2	2	NUM
ajfa-5975	331	32	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5975	331	33	213	213	NUM
ajfa-5975	331	34	figure	figure	NOUN
ajfa-5975	331	35	4	4	NUM
ajfa-5975	331	36	.	.	PUNCT
ajfa-5975	331	37	interest	interest	NOUN
ajfa-5975	331	38	income	income	NOUN
ajfa-5975	331	39	of	of	ADP
ajfa-5975	331	40	british	british	ADJ
ajfa-5975	331	41	banks	bank	NOUN
ajfa-5975	331	42	from	from	ADP
ajfa-5975	331	43	1986	1986	NUM
ajfa-5975	331	44	-	-	SYM
ajfa-5975	331	45	2012	2012	NUM
ajfa-5975	331	46	figure	figure	NOUN
ajfa-5975	331	47	5	5	NUM
ajfa-5975	331	48	.	.	PUNCT
ajfa-5975	331	49	lloyds	lloyds	NOUN
ajfa-5975	331	50	interest	interest	NOUN
ajfa-5975	331	51	and	and	CCONJ
ajfa-5975	331	52	non	non	ADJ
ajfa-5975	331	53	-	-	ADJ
ajfa-5975	331	54	interest	interest	ADJ
ajfa-5975	331	55	income	income	NOUN
ajfa-5975	331	56	from	from	ADP
ajfa-5975	331	57	1986	1986	NUM
ajfa-5975	331	58	-	-	SYM
ajfa-5975	331	59	2012	2012	NUM
ajfa-5975	331	60	figure	figure	NOUN
ajfa-5975	331	61	6	6	NUM
ajfa-5975	331	62	.	.	PUNCT
ajfa-5975	331	63	percentage	percentage	NOUN
ajfa-5975	331	64	of	of	ADP
ajfa-5975	331	65	loans	loan	NOUN
ajfa-5975	331	66	from	from	ADP
ajfa-5975	331	67	total	total	ADJ
ajfa-5975	331	68	assets	asset	NOUN
ajfa-5975	331	69	in	in	ADP
ajfa-5975	331	70	lloyds	lloyds	NOUN
ajfa-5975	331	71	from	from	ADP
ajfa-5975	331	72	1992	1992	NUM
ajfa-5975	331	73	-	-	SYM
ajfa-5975	331	74	2012	2012	NUM
ajfa-5975	331	75	asian	asian	ADJ
ajfa-5975	331	76	journal	journal	NOUN
ajfa-5975	331	77	of	of	ADP
ajfa-5975	331	78	finance	finance	PROPN
ajfa-5975	331	79	&	&	CCONJ
ajfa-5975	331	80	accounting	accounting	PROPN
ajfa-5975	331	81	issn	issn	PROPN
ajfa-5975	331	82	1946	1946	NUM
ajfa-5975	331	83	-	-	PUNCT
ajfa-5975	331	84	052x	052x	PROPN
ajfa-5975	331	85	2014	2014	NUM
ajfa-5975	331	86	,	,	PUNCT
ajfa-5975	331	87	vol	vol	NOUN
ajfa-5975	331	88	.	.	PROPN
ajfa-5975	332	1	6	6	NUM
ajfa-5975	332	2	,	,	PUNCT
ajfa-5975	332	3	no	no	INTJ
ajfa-5975	332	4	.	.	NOUN
ajfa-5975	332	5	2	2	NUM
ajfa-5975	332	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	332	7	214	214	NUM
ajfa-5975	332	8	figure	figure	NOUN
ajfa-5975	332	9	7	7	NUM
ajfa-5975	332	10	.	.	PUNCT
ajfa-5975	333	1	interest	interest	NOUN
ajfa-5975	333	2	and	and	CCONJ
ajfa-5975	333	3	noninterest	noninter	ADJ
ajfa-5975	333	4	income	income	NOUN
ajfa-5975	333	5	in	in	ADP
ajfa-5975	333	6	hsbc	hsbc	PROPN
ajfa-5975	333	7	figure	figure	NOUN
ajfa-5975	333	8	8	8	NUM
ajfa-5975	333	9	.	.	PUNCT
ajfa-5975	334	1	share	share	NOUN
ajfa-5975	334	2	of	of	ADP
ajfa-5975	334	3	noninterest	noninter	ADJ
ajfa-5975	334	4	income	income	NOUN
ajfa-5975	334	5	in	in	ADP
ajfa-5975	334	6	total	total	ADJ
ajfa-5975	334	7	income	income	NOUN
ajfa-5975	334	8	in	in	ADP
ajfa-5975	334	9	hsbc	hsbc	PROPN
ajfa-5975	334	10	from	from	ADP
ajfa-5975	334	11	1988	1988	NUM
ajfa-5975	334	12	-	-	SYM
ajfa-5975	334	13	2012	2012	NUM
ajfa-5975	334	14	figure	figure	NOUN
ajfa-5975	334	15	9	9	NUM
ajfa-5975	334	16	.	.	PUNCT
ajfa-5975	335	1	the	the	DET
ajfa-5975	335	2	interest	interest	NOUN
ajfa-5975	335	3	and	and	CCONJ
ajfa-5975	335	4	noninterest	noninter	ADJ
ajfa-5975	335	5	income	income	NOUN
ajfa-5975	335	6	of	of	ADP
ajfa-5975	335	7	natwest	natwest	NOUN
ajfa-5975	335	8	from	from	ADP
ajfa-5975	335	9	1986	1986	NUM
ajfa-5975	335	10	-	-	SYM
ajfa-5975	335	11	2012	2012	NUM
ajfa-5975	335	12	asian	asian	ADJ
ajfa-5975	335	13	journal	journal	NOUN
ajfa-5975	335	14	of	of	ADP
ajfa-5975	335	15	finance	finance	PROPN
ajfa-5975	335	16	&	&	CCONJ
ajfa-5975	335	17	accounting	accounting	PROPN
ajfa-5975	335	18	issn	issn	PROPN
ajfa-5975	335	19	1946	1946	NUM
ajfa-5975	335	20	-	-	PUNCT
ajfa-5975	335	21	052x	052x	PROPN
ajfa-5975	335	22	2014	2014	NUM
ajfa-5975	335	23	,	,	PUNCT
ajfa-5975	335	24	vol	vol	NOUN
ajfa-5975	335	25	.	.	PROPN
ajfa-5975	335	26	6	6	NUM
ajfa-5975	335	27	,	,	PUNCT
ajfa-5975	335	28	no	no	INTJ
ajfa-5975	335	29	.	.	NOUN
ajfa-5975	335	30	2	2	NUM
ajfa-5975	335	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5975	335	32	215	215	NUM
ajfa-5975	335	33	figure	figure	NOUN
ajfa-5975	335	34	10	10	NUM
ajfa-5975	335	35	.	.	PUNCT
ajfa-5975	336	1	the	the	DET
ajfa-5975	336	2	share	share	NOUN
ajfa-5975	336	3	of	of	ADP
ajfa-5975	336	4	derivatives	derivative	NOUN
ajfa-5975	336	5	,	,	PUNCT
ajfa-5975	336	6	debt	debt	NOUN
ajfa-5975	336	7	and	and	CCONJ
ajfa-5975	336	8	equity	equity	NOUN
ajfa-5975	336	9	securities	security	NOUN
ajfa-5975	336	10	in	in	ADP
ajfa-5975	336	11	natwest	natw	ADJ
ajfa-5975	336	12	from	from	ADP
ajfa-5975	336	13	1993	1993	NUM
ajfa-5975	336	14	-	-	SYM
ajfa-5975	336	15	2006	2006	NUM
ajfa-5975	336	16	figure	figure	NOUN
ajfa-5975	336	17	11	11	NUM
ajfa-5975	336	18	.	.	PUNCT
ajfa-5975	337	1	interest	interest	NOUN
ajfa-5975	337	2	and	and	CCONJ
ajfa-5975	337	3	noninterest	noninter	ADJ
ajfa-5975	337	4	income	income	NOUN
ajfa-5975	337	5	in	in	ADP
ajfa-5975	337	6	barclays	barclay	NOUN
ajfa-5975	337	7	1986	1986	NUM
ajfa-5975	337	8	-	-	SYM
ajfa-5975	337	9	2012	2012	NUM
ajfa-5975	337	10	figure	figure	NOUN
ajfa-5975	337	11	12	12	NUM
ajfa-5975	337	12	.	.	PUNCT
ajfa-5975	338	1	interest	interest	NOUN
ajfa-5975	338	2	and	and	CCONJ
ajfa-5975	338	3	noninterest	noninter	ADJ
ajfa-5975	338	4	income	income	NOUN
ajfa-5975	338	5	of	of	ADP
ajfa-5975	338	6	rbs	rbs	PROPN
ajfa-5975	338	7	from	from	ADP
ajfa-5975	338	8	1994	1994	NUM
ajfa-5975	338	9	-	-	SYM
ajfa-5975	338	10	2012	2012	NUM