NBER Working Paper – Banking without Deposits: Evidence from Shadow Bank Call Reports

Posted on September 19, 2023 by Helena

Author(s):Erica Jiang, Gregor Matvos, Tomasz Piskorski & Amit Seru Date:March 2020 (revised September 2023) Abstract: We ask how much leverage banks would choose in the absence of safety nets tied to insured deposits. Using uniquely assembled data on capital structure decisions of shadow banks – intermediaries that provide banking services but are not funded by[…]

September 2023: Unpacking international banks’ deposit funding (BIS Quarterly Review – Special Feature)

Posted on September 19, 2023 by Helena

by Bryan Hardy and Sonya Zhu This special feature of the BIS Quarterly Review examines international banks’ deposit funding – traditional deposits, repos and interbank lending. The authors lay out a framework to interpret the observed evolution in the level and composition of this funding. Netting out interbank lending and abstracting from the effect of central bank[…]