Tamim Bayoumi, 27 October 2017

When and how did shadow banking started? In this video, Tamim Bayoumi argues it can be traced back to EU and US regulations, and also to increases in inflation. This video was recorded at the "10 years after the crisis" conference held in London, on 22 September 2017.

Charles Goodhart, Dirk Schoenmaker, 28 March 2016

The European banking system is downsizing. As a consequence, the big US investment banks are on the rise in Europe. This column argues that US investment banks are about to surpass their European counterparts in the European investment banking market. The authors also discuss why leaving global investment banking to the big five American banks might be problematic and offer policy response recommendations.

Bernard Delbecque, 03 March 2012

Professional asset managers are responsible for investments worth around €40 trillion worldwide. This column looks at the role of asset managers in investing society’s long-term savings, highlighting the key differences with investment banks.

Charles Goodhart, 31 October 2011

As protestors occupy Wall Street and financial centres around the world, among the grievances are “socially useless” investment banks. This column argues, however, that investment banking is critical to any effective economy – the idea that policymakers can safeguard retail banking alone is not only tragically mistaken but also horribly dangerous.

Daniel Gros, 01 May 2009

Today’s general consensus is that a key factor behind the Great Depression was the breakdown of the US banking system and that we must avoid large-scale bank failures this time around at all costs. However, this column shows that commercial banks actually do relatively well during recessions. It is the financial sector outside banking – in other words, investment banking – that suffers huge losses.

Events

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