The Global Financial Crisis has triggered a reduction in cross-border bank lending. This column uses evidence from an updated bank ownership database to show that global banking is not becoming more fragmented. It is rather going through structural transformations. Banks from countries hit by crises are reducing their foreign presence, while banks from emerging and developing markets are stepping into the void.
Stijn Claessens, Neeltje van Horen, 06 December 2014
Most Read
Vox eBooks
Vox Talks
Events
-
13 - 13 March 2020 / London / The UK Network for Environmental Economists (UKNEE)
-
20 - 20 March 2020 / University of Paris Nanterre / EconomiX-CNRS and the Doctoral School EOS (Université Paris Ouest - Nanterre La Défense), CeReFiM (University of Namur), LFIN (Université Catholique de Louvain-Louvain School of Management) and LEO (Université d'Orléans)
-
25 - 26 March 2020 / London, United Kingdom / Bank of England, CEPR and Imperial College
-
27 - 27 March 2020 / San Francisco / Federal Reserve Bank of San Francisco
-
1 - 2 April 2020 / University of Orléans (France) / LEO CNRS - University of Orléans (France)
