banks, which uniquely responded to credit losses after 2007 by shedding assets abroad - in particular, reducing lending - to … restore capital ratios. Other banking systems' global footprint, notably those of Japanese, Canadian and even US banks, has … expanded since 2007. Using a global dataset of banks' affiliates (branches and subsidiaries), we demonstrate that the who …

-of-payments, view. They show that what appears to be a global shrinkage of bank positions is actually driven by European banks. These … dataset of banks' affiliates (branches and subsidiaries), we demonstrate that the who (i.e., bank nationality) accounts for … reporting banks provide a clearer picture of international financial integration than the traditional “residence”, or balance …