This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan … interpretation of bank finance as dominating that segment of international financial markets characterized by the most pronounced …

Bank-created money, shadow-bank money, and Treasury bonds all satisfy investors' demand for a liquid transaction medium … extent to which they are substitutes, and the amount of liquidity per unit delivered by each asset. Treasury bonds and bank …. Our results on the imperfect substitutability of bank and shadow-bank money also inform analyses of the coexistence of the …

. Using branch-level deposit rate data, we find little evidence for market discipline as rates are similar across bank … correlated with loan growth in other states in which their bank has some presence, suggesting internal capital markets help … reallocate the bank's funding …

relationship between bank concentration and banking system fragility and (ii) the mechanisms …

on solvent banks leading to bank panics. But financial crises of the last two decades have not fit the mold. A new …

This paper documents the changing international exposures of U.S. bank balance sheets since the mid-1980s. U.S. banks … influence on U.S. bank cross-border and local claims. The cross-border claims of U.S. banks on European customers tend to be …