The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically …

-of-second-to-last-resort". Using daily supervisory bank balance sheet information, we find that U.S. GSIBs modestly increase their dollar liquidity … broker-dealer subsidiaries within the same bank holding company are crucial to this type of "reserve-draining" intermediation …

effects from cross-border bank takeovers with those of cross-border lending by banks located overseas, which in most cases …

The banking systems of some countries export intermediation services to the rest of the world, while many other … money relative to bank assets than nonbanking-center countries. This paper develops a stylized model of regulated bank …

globalization along three dimensions: depth, breadth and persistence. We examine depth by studying whether a bank's preference for … domestic, as opposed to external, lending (funding) changes when it is subjected to a large public intervention, such as bank … country or nationalized banks from different countries, consistent with an impact on the breadth of globalization. Third, we …

International financial linkages, particularly through global bank flows, generate important questions about the …. Empirical tests of the trilemma support this view that global bank effects are heterogeneous, and also that the primary drivers …

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 …

We study the role of global financial intermediaries in international lending. We construct a model of the world … regular business cycles. The portfolio of financial intermediaries and the distribution of bond holdings in the world economy …