June 2020: EBA launches discussion on further enhancing supervisory powers of competent authorities

The European Banking Authority (EBA) published today a discussion paper exploring ways on how to enhance the Bank Recovery and Resolution Directive (BRRD) framework on early intervention measures. The objective is to further enhance crisis management tools available for competent authorities in addition to well-established and widely used supervisory powers laid down in the Capital[…]

2021 FIRS Conference

CfP Deadline Date: November 1, 2020 Conference Event: June 4-6, 2021 Event Location: Vancouver, Canada Organizer(s): The Financial Intermediation Research Society (FIRS) The Financial Intermediation Research Society (FIRS) is pleased to announce that its next conference will be held in Vancouver, on June 4-6, 2021. You are invited to submit papers to be considered for[…]

NBER Working Paper: U.S. Banks and Global Liquidity

Author(s): Ricardo Correa, Wenxin Du and Gordon Liao Date: July 2020 Abstract: We characterize how U.S. global systemically important banks (GSIBs) supply short-term dollar liquidity in repo and foreign exchange swap markets in the post-Global Financial Crisis regulatory environment and serve as the “lenders-of-second-to-last-resort”. Using daily supervisory bank balance sheet information, we find that U.S.[…]

June 2020: BIS Annual Economic Report 2020

This year’s BIS Annual Economic Report is (naturally) centered around the topic of Covid-19 and its impact on the economy, including the chapters “A global sudden stop”, “A monetary lifeline: central banks” crisis response, and “Central Banks and Payments in the Digital Era”. Link: BIS 2020 Annual Economic Report

Workshop on Financial Stability and the Coronavirus Pandemic

CfP Deadline Date: September 15, 2020 Conference Event: October 19, 21, & 23, 2020 Event Location: Online Organizer(s): The Center for Financial Innovation and Stability (Federal Reserve Bank of Atlanta) and the Center for the Economic Analysis of Risk (Georgia State University) The workshop’s goal is to bring together economists, finance and risk management professionals,[…]