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of products, and for switching from and to the intervened bank. However, we show heterogeneity in consumer responses to … the government, consumers with no or little trust are more likely to switch away from a bank after a nationalisation …, relative to customers of the control bank. This holds for switching with the savings and current account. This highlights that …
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This paper analyzes the welfare impact of supervisory shopping in the banking sector. Supervisory shopping leads to a welfare-increasing "race to the top" among supervisors, if strong supervision increases banks' access to deposits by signaling that banks have a less risky balance sheet....
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One of the critical ways to promote economic security is by making financial services work better for more American families. Efforts to build a financial system that promotes consumer autonomy will involve innovation and reforms to our payment systems and more broadly, our policy and legal...
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