Global Banks’ Dollar Funding: A Source of Financial Vulnerability

Global Banks’ Dollar Funding: A Source of Financial Vulnerability
Leading up to the global financial crisis, US dollar activity by global banks headquartered outside the United States played a crucial role in transmitting shocks originating in funding markets. Although post-crisis regulation has improved banking systems’ resilience, US dollar funding remains a global vulnerability, as evidenced by strains that... READ MORE...

Publication date: July 2020
ISBN 9781513549149
$18.00

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