Staff Working Paper – Negative rates, monetary policy transmission and cross-border lending via international financial centres

Author(s):Desislava Andreeva, Andra Coman, Mary Everett, Maren Froemel, Kelvin Ho, Simon Lloyd, Baptiste Meunier, Justine Pedrono, Dennis Reinhardt, Andrew Wong, Eric Wong, and Dawid Żochowski Date:January 2023 Abstract: We study the effects of negative interest rate policies (NIRP) on the transmission of monetary policy through cross-border lending. Using bank-level data from international financial centres (IFCs)[…]

Foreign Banking Organizations in the United States and the Price of Dollar Liquidity

By Wenxin Du Foreign banking organizations (FBOs) in the United States play an important role in setting the price of short-term dollar liquidity. In this post, based on remarks given at the 2022 Jackson Hole Economic Policy Symposium, we highlight FBOs’ activities in money markets and discuss how the availability of reserve balances affects these[…]

2023 Yale Program on Financial Stability (YPFS) Conference

CfP Deadline Date:May 01, 2023 Conference Event:July 28, 2023 Event Location:New Haven, USA Organizer(s):York University SUBMISSION: We are soliciting two types of submissions: 1) Standard academic papers on any of the above-listed topics, or 2) Case studies of interventions, summarizing specific design decisions and lessons learned. These case studies do not need to conform to[…]

5th BIS workshop on Research on global financial stability: the use of BIS international banking and financial statistics

CfP Deadline Date:July 31, 2023 Conference Event:December 15, 2023 Event Location:Basel, Switzerland Organizer(s):Bank for International Settlements (BIS) The Bank for International Settlements (BIS) will host the fifth workshop on the use of BISinternational banking and financial statistics. 1 The workshop will be held in-person at the BISheadquarters in Basel. The workshop will bring together central[…]

5th BIS workshop on Research on global financial stability: the use of BIS international banking and financial statistics

CfP Deadline Date:July 31, 2023 Conference Event:December 15, 2023 Event Location:Basel, Switzerland Organizer(s):Bank for International Settlements (BIS) The Bank for International Settlements (BIS) will host the fifth workshop on the use of BISinternational banking and financial statistics. 1 The workshop will be held in-person at the BISheadquarters in Basel. The workshop will bring together central[…]

2023 Annual Meeting of the Central Bank Research Association (CEBRA)

CfP Deadline Date:March 10, 2023 Conference Event:July 05-07, 2023 Event Location:New York City, USA Organizer(s):Central Bank Research Association (CEBRA), Federal Reserve Bank of New York, Columbia University’s School of International and Public Affairs (Columbia SIPA) and the Leibniz Institute for Financial Research “SustainableArchitecture for Finance in Europe” (SAFE) The 2023 Annual Meeting of the Central[…]

5th Endless Summer Conference on Financial Intermediation and Corporate Finance

CfP Deadline Date:March 31, 2023 Conference Event:August 22-23, 2023 Event Location:Athens, Greece Organizer(s):Audencia Business School, Brevan Howard Centre for Financial Analysis, Centre for Economic Policy Research, Cyprus University of Technology, Durham University Business School, Fordham University, Montpellier Business School, University of Essex, University of Zurich, and European Bank for Reconstruction and Development The organizing and[…]

February 2023: EBA asks authorities to increase transparency on their approach to bail-in in case of banking failure

By European Banking Authority The European Banking Authority (EBA) published today its final Guidelines addressed to resolution authorities for the publication of their approach to the bail-in tool implementation. Transparency and predictability are key both to the credibility of the resolution framework and to the safeguard of investors’ protection. These Guidelines aim at ensuring that[…]