Banking's World Cup : Who's in world's top 100? ABA (2014-07-15)
European banks are losing some of their dominance in global asset size rankings as they shrink their balance sheets in the wake of the financial crises of the last six years. France's Credit Agricole Group dropped out of the to .. more |
Forward and Spot Exchange Rates in a Multi-currency World NBER (2014-07-15)
We decompose violations of uncovered interest parity into a cross-currency, a between-time-and-currency, and a cross-time component. We show that most of the systematic violations are in the cross-currency dimension. By contrast, .. more |
Banks, Government Bonds, and Default : What do the Data Say? IMF (2014-07-14)
We analyze holdings of public bonds by over 20,000 banks in 191 countries, and the role of these bonds in 20 sovereign defaults over 1998-2012. Banks hold many public bonds (on average 9% of their assets), particularly in less fin .. more | |