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Purpose: Existing research on uncertainty and bank lending has focused entirely on aggregate uncertainty (i …-ic perspective of financial markets, especially the banking sector. The paper tests the influence of uncertainty on loan growth using … bank-level data in Vietnam during 2007-2019. Design/methodology/approach: The paper focuses on a new uncertainty measure in …
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In 2023, both the US and Europe witnessed banking crises, notably involving Silicon Valley Bank and Credit Suisse … three primary factors contributing to elevated profits in distressed bank mergers, particularly in Europe: the absence of a … sale of distressed bank assets. These findings lead to concrete policy recommendations addressing backstop mechanisms, bail …
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We model how a cyber attack may be amplified through the U.S. financial system, focusing on the wholesale payments network. We estimate that the impairment of any of the five most active U.S. banks will result in significant spillovers to other banks, with 38 percent of the network affected on...
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We analyze how systemic cyber risk in the wholesale payments network relates to adverse financial conditions. We show that at the onset of the COVID-19 pandemic, payment activity increased, became more concentrated, and showed intraday liquidity stress. Cyber vulnerability was elevated in late...
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