We analyze the impact of monetary policy on bilateral cross-border bank flows using the BIS Locational Banking …-border bank flows. In addition, we find evidence in favor of a cross-border bank portfolio channel. As relatively tighter monetary …

The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically …

the loan interest rates to variations on the domestic policy rate, the number of foreign subordinates of the lender bank …

.S. bank-level regulatory dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the … consistent with the existence of a potent global bank lending channel. In response to changes in U.S. monetary conditions, U ….S. banks strongly adjust their cross-border claims in both the pre and post-crisis period. However, we also find that U.S. bank …

global bank subsidiaries might be used in new risky positions …

non-banks. Third, this currency dimension of the bank lending channel works similarly across the three currencies … suggesting that the cross-border bank lending channel of liquidity shock transmission may not be unique to lending in USD …

We demonstrate that currency networks in cross-border bank lending have a significant impact on the size, distribution … statistics, which simultaneously provide information on the lender, borrower and currency composition of cross-border bank claims …