behavior of depositors vis-à-vis foreign banks. We rely on data from the banking crises in Argentina and Uruguay over the … nature of the crisis? Contrary to the commonly held view that foreign banks play a stabilizing role during domestic banking …

analysis is severely hampered by the lack of consistent data that capture the international dimensions of finance. While … banking statistics. …

cross-border banks. Using a sample of 25 large European banking groups with subsidiaries in Central, Eastern and Southern … Europe (CESE), we analyze the impact of a CESE credit shock on the capital buffers needed by the sample banking groups under … different forms of ring-fencing. Our simulations show that under stricter forms of ring-fencing, sample banking groups have …

respond in a timely manner and efficiently enough to prevent the escalation of the banking crisis and spurred the adoption of … suboptimal policy decisions. Public finance rigidities limited the government's capacity to correct existing imbalances and the … triple banking, currency, and fiscal crisis. …

arrangements were in place, which highlights the importance of building a suitable framework for preventing and managing banking …