Rose, Andrew K; Wieladek, Tomasz - C.E.P.R. Discussion Papers - 2011
foreigners. We use a bank-level panel data set spanning all British and foreign banks providing loans within the United Kingdom …-term interest rates, though our data set here is much smaller. We examine the loan mix for both British and foreign banks, both … of financial protectionism. After nationalisations, foreign banks reduced the fraction of loans going to the UK by about …