. Their analysis has three main findings. First, during periods of active TAF borrowing, foreign affiliates of parent banks … with high US dollar funding needs reduced their foreign assets by less. They identify those parents based on their pre …-crisis exposure to the US asset-backed commercial paper (ABCP) market. Second, foreign affiliates in financial centers also shrank …

mismatch in their balance sheets. The data suggest that foreign banks had to borrow from the Federal Reserve Bank to meet their … under stress. In this paper I use the TAF micro-level loan data and find that about 60 percent of TAF loans went to foreign … that foreign - in particular, European - banks currently play in the U.S. financial system and the resultant currency …

mismatch in their balance sheets. The data suggest that foreign banks had to borrow from the Federal Reserve Bank to meet their … under stress. In this paper I use the TAF micro-level loan data and find that about 60 percent of TAF loans went to foreign … that foreign - in particular, European - banks currently play in the U.S. financial system and the resultant currency …

The research aims to test the impact of financial development on the bank lending channel of monetary policy … banks covering the period of 2007-2020, findings show that the financial development weakens the bank lending channel of … these banks from the monetary policy shocks. Furthermore, the influence of the financial market on the response of the bank …