This paper aims to make an empirical contribution to the discussion of the role of banks and to find out if banking is … a declining industry. It takes into account that the role of banks is declining in the United States and the fact that … disintermediation, securitization and an increase in the importance of nonbank financial intermediaries (Schmidt, Hackethal and Tyrell …

opportunity to Greek banks to take a deep breath and get rid of a very large volume of non-performing loans from their balance … sheets, and secondly, the vital role of strategy nowadays in both the survival and growth of banks. …

to commercial banks. During the crisis, however, the Federal Reserve created a number of facilities to support brokers … banks to nonbank financial institutions. In a specialized financial system, which the GSA had helped create, the use of the … lender-of-last-resort safety net could be more comfortably limited to commercial banks. However, the elimination of GSA …

wrote in 1987 on "securitization"), he consistently held an endogenous money view. I'll refer briefly to that published work …

to commercial banks. During the crisis, however, the Federal Reserve created a number of facilities to support brokers … banks to nonbank financial institutions. In a specialized financial system, which the GSA had helped create, the use of the … lender-of-last-resort safety net could be more comfortably limited to commercial banks. However, the elimination of GSA …

wrote in 1987 on "securitization"), he consistently held an endogenous money view. I'll refer briefly to that published work …