traditional banks to modernize their core business activities. Banks attempt to confront the challenges of digitalization by … banks to form alliances with fintechs. Furthermore, we analyze whether such bank-fintech alliances affect the market … valuation of banks. We provide descriptive evidence on the different forms of alliances occurring in practice. Using hand …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …

A common practice of banks has been to pool assets of different qualities and then sell a fraction of the newly created … conditions under which signaling at the portfolio level dominates signaling at the single asset level. In particular, when banks …

and industrial loans by U.S. banks. An increase in the broad dollar index by 2.5 points (one standard deviation) reduces U ….S. banks’ corporate loan originations by 10 percent. This decline is driven by a reduction in the demand for loans on the …

This paper shows that monetary policy and prudential policies interact. U.S. banks issue more commercial and industrial … loans to emerging market borrowers when U.S. monetary policy eases. The effect is less pronounced for banks that are more … suggests that monetary policy spillovers depend on banks' capital constraints. In particular, during a period of quantitative …

loan from a fintech lender than a traditional bank. Among conventional lenders, smaller banks were much less likely to lend … to Black-owned firms, while the Top-4 banks exhibited little to no disparity after including controls. We use novel data …’ higher rate of borrowing from fintechs compared to smaller banks is particularly large in places with high racial animus …