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We document that non-US global banks are increasingly heterogeneous in their dollar banking activities and dollar demand. We study the implications for dollar funding markets using data on security-level money market fund holdings. We find that funds charge higher prices to banks with weaker...
Persistent link: https://www.econbiz.de/10012888947
-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation …Current theories of financial regulation suggest expanding rules-based formal state intervention to promote … regulation, drawing on unused primary sources: Coalitions between the German regulating and regulated actors were bolstered by a …
Persistent link: https://www.econbiz.de/10014436557
Foreign bank lending has stopped growing since the global financial crisis. Changes in banks' business models, balance … literature however suggests an opposite effect related to regulation, with tighter regulations encouraging foreign lending …
Persistent link: https://www.econbiz.de/10012977751
regulation by the Fed as standalone entities. Banks, central bankers, and national regulators from around the world have … or mitigate “Too Big to Fail” — the situation in which a bank becomes so large that a government bailout is virtually …
Persistent link: https://www.econbiz.de/10013014867
. Microprudential regulation of banks plays a role, influencing leverage and capitalization, changing sensitivities to shocks, and also …
Persistent link: https://www.econbiz.de/10014501217
significance. Our results do not point to a major role of newly introduced bank levies in explaining cross-border banking …
Persistent link: https://www.econbiz.de/10011802126
The financial crisis has led to a reconsideration of banks' global business models. Using a dataset derived from the BIS banking statistics, this paper studies the geography of global banking. It distinguishes between “international” and “multinational” banks, their respective funding...
Persistent link: https://www.econbiz.de/10013081436
The stability of a banking system ultimately depends on the strength and credibility of the fiscal backstop. While large countries can still afford to resolve large global banks on their own, small and medium-sized countries face a policy choice. This paper investigates the impact of resolution...
Persistent link: https://www.econbiz.de/10011975754
The global financial crisis led to an alleged end of global banking. However, we find that reports on the end of global banking are premature. Investigating the global systemically important banks, we identify a strong composition effect: a shift of business from the global European banks to the...
Persistent link: https://www.econbiz.de/10012961365
A Saturday Evening Post editorial of December 28, 1928, glowingly described American bankers as the “stewards of our whole intricate credit system.” Within a year the feelings of that esteemed journal's editors had changed considerably. Their emotional rollercoaster follows tracks similar to...
Persistent link: https://www.econbiz.de/10012978923