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These Are the Good Old Days : Foreign Entry and the Mexican Banking System

Haber, Stephen H. - 2013

In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest … the ownership structure of Mexico's banks. For instance, while in 1991 only one percent of bank assets in Mexico were … been as rapid or as far-reaching as in Mexico. In this work we examine some of the important implications of foreign bank …

Persistent link: https://www.econbiz.de/10012459948

Lending Booms, Reserves, and the Sustainability of Short-Term Debt : Inferences from the Pricing of Syndicated Bank Loans

Eichengreen, Barry - 1999

This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan-extension and pricing decisions as jointly determined. Compared to the bond market, our findings highlight the role of international banks in providing credit to smaller borrowers...

Persistent link: https://www.econbiz.de/10012471681

Global Banks and Systemic Debt Crises

Morelli, Juan M.; Ottonello, Pablo; Perez, Diego J. - National Bureau of Economic Research - 2021

We study the role of global financial intermediaries in international lending. We construct a model of the world economy, in which heterogeneous borrowers issue risky securities purchased by financial intermediaries. Aggregate shocks transmit internationally through financial intermediaries' net...

Persistent link: https://www.econbiz.de/10012585376

Country Risk, Asymmetric Information and Domestic Policies

Aizenman, Joshua - 1986

This paper describes an economy where incomplete information regarding the default penalty can result in an upward-sloping supply of credit.We evaluate the role of partial information and other related factors in determining the elasticity of supply of credit and the credit ceiling facing the...

Persistent link: https://www.econbiz.de/10012477195

U.S. Banks and Global Liquidity

Correa, Ricardo - 2020

We characterize how U.S. global systemically important banks (GSIBs) supply short-term dollar liquidity in repo and foreign exchange swap markets in the post-Global Financial Crisis regulatory environment and serve as the "lenders-of-second-to-last-resort". Using daily supervisory bank balance...

Persistent link: https://www.econbiz.de/10012481346

Confronting Divergent Interests in Cross-Country Regulatory Arrangements

Kane, Edward J. - 2005

Although nation-based systems of financial regulation constitute a second-best approach to global welfare maximization, treacherous accountability problems must be acknowledged and resolved before regulatory cooperation can deal fairly and efficiently with cross-border issues. To track and...

Persistent link: https://www.econbiz.de/10012466806

Bank Resolution and the Structure of Global Banks

Bolton, Patrick - 2018

We study the resolution of global banks by national regulators. Single-point-of-entry (SPOE) resolution, where loss-absorbing capital is shared across jurisdictions, is efficient but may not be implementable. First, when expected transfers across jurisdictions are too asymmetric, national...

Persistent link: https://www.econbiz.de/10012452983

International Banking and Cross-border Effects of Regulation : Lessons from the United States

Berrospide, Jose - 2016

Domestic prudential regulation can have unintended effects across borders and may be less effective in an environment where banks operate globally. Using U.S. micro-banking data for the first quarter of 2000 through the third quarter of 2013, this study shows that some regulatory changes indeed...

Persistent link: https://www.econbiz.de/10012456035

Does Government Intervention Affect Banking Globalization?

Kleymenova, Anya - 2016

Using data from British and American banks, we provide empirical evidence that government intervention affects banking 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...

Persistent link: https://www.econbiz.de/10012456692

Foreign and Domestic Bank Participation in Emerging Markets : Lessons from Mexico and Argentina

Goldberg, Linda - 2000

studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign … similar, and lending rates analogously respond to aggregate demand fluctuations. In Mexico, foreign and domestic banks with … with high levels of impaired assets (Mexico) have more stagnant loan growth and weak responsiveness to market signals …

Persistent link: https://www.econbiz.de/10012471047

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