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We argue that the evolving preferences and power resources of large cross-border banks help explain the crucial political moves to European banking union. As they became larger and more European, the relative dependence of these banks on national regulators declined even as the dependence of...
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The World Health Organization officially declared COVID-19 a global pandemic on 11 March 2020. In this study, we examine the effect of COVID-19 indicators and policy response on the Saudi banking index. COVID-19 variables that were applied are: new confirmed and fatal COVID-19 cases in Saudi...
Persistent link: https://www.econbiz.de/10012698386
This paper shows that local banking market conditions affect mortality rates in the United States. Exploiting the … mortality rates. This effect is driven by a decrease in the mortality rate of black residents, implying a decrease in the black …-white mortality gap. We further analyze the role of mortgage markets as a transmitter between banking deregulation and mortality and …
Persistent link: https://www.econbiz.de/10014261829
Regulatory change not seen since the Great Depression swept the U.S. banking industry beginning in the early 1980s and culminated with the Interstate Banking and Branching Efficiency Act of 1994. This article examines whether deregulation affected new charter (birth), failure (death), and merger...
Persistent link: https://www.econbiz.de/10014052256
Today, the need for nimble financial regulation is paramount. The Dodd-Frank financial reform bill has not prevented further scandals and will not stop banks from selling risky products. Yet one understudied law is a surprisingly versatile device that has the potential to temper financial risk:...
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