I can imagine two effects why a younger bank might experience higher risk: 1) a young bank is more likely to experience a high-growth phase, which produces ope

I can imagine two effects why a younger bank might experience higher risk: 1) a young bank is more likely to experience a high-growth phase, which produces operational challenges 2) a young bank might be founded to serve a new business niche, and experience with the challenges of that niche might be less prevalent in the banking sector. Like airplane regulations, rules are written in blood.