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On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame … Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial … College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …
Persistent link: https://www.econbiz.de/10011557140
We analyze the effect of negative monetary policy rates on banks, using detailed supervisory information from Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank reserves exempt from negative rates. More affected banks...
Persistent link: https://www.econbiz.de/10011795014
success of banking reforms in India where significant banking reforms have been introduced since 1990s. Using the argument …Many emerging markets have undertaken significant financial sector reforms especially in their banking sectors that …
Persistent link: https://www.econbiz.de/10011493763
financial crisis has led to significant state ownership of banking assets in developed countries such as the United Kingdom … banks with different ownerships. In this paper, using bank-level data from India, we examine this issue and also test …. Our results from India are preliminary and further studies are needed to see whether our findings can be generalized to …
Persistent link: https://www.econbiz.de/10013139823
financial crisis has led to significant state ownership of banking assets in developed countries such as the United Kingdom … banks with different ownerships. In this paper, using bank-level data from India, we examine this issue and also test …. Our results from India are preliminary and further studies are needed to see whether our findings can be generalized to …
Persistent link: https://www.econbiz.de/10013140043
sample of bank dependent firms in India, we find that firms that enjoy an exclusive banking relationship are less susceptible … of the “bank credit channel” and relationship banking, the effect of relationship banking on the transmission of monitory … policy has not been investigated. In this paper, we study the impact of relationship banking on the transmission of monitory …
Persistent link: https://www.econbiz.de/10012970623
The underlying causes of sharp declines in bank lending during recessions in large developed economies, as exemplified by the U.S. in the early 1990s and Japan in the late 1990s, are still being debated due to a lack of any convincing identification strategy of the supply side capital-lending...
Persistent link: https://www.econbiz.de/10010332337
Heterogeneity in the response of banks to a change in monetary policy is an important element in the transmission of this policy through banks. This paper examines the role of bank liquidity, capitalization and market power as internal factors influencing banks’ reaction in terms of lending...
Persistent link: https://www.econbiz.de/10011605279
We assess whether central bank credit operations influence the size and composition of bank credit in a negative interest rate environment. We exploit confidential information from the newly established European credit registry to capture bank lending conditions and bank risk-taking. For...
Persistent link: https://www.econbiz.de/10013285962
We identify the international credit channel of monetary policy by analyzing the universe of corporate loans in Mexico matched with firm and bank data, and by exploiting foreign monetary policy shocks in a country with a large presence of European and U.S. banks. The robust results show that a...
Persistent link: https://www.econbiz.de/10011719200