robust. But, in a situation where a bank is in difficulty or fails, the need to ensure that customers can continue to make … achieve minimal disruption to payment flows in the event that a bank gets into difficulty or fails — a subject the authorities …

injection, and separate between the two banking products. We find that the aggregate switching behaviour of consumers at … of products, and for switching from and to the intervened bank. However, we show heterogeneity in consumer responses to … government interventions, depending on the type of intervention and banking product. For example, compared to consumers who trust …

This paper analyzes the welfare impact of supervisory shopping in the banking sector. Supervisory shopping leads to a …