260 posts on "Financial Institutions"
August 25, 2014
Turnover in Fedwire Funds Has Dropped Considerably since the Crisis, but It’s Okay
Funds Service is a large-value payment system, operated by the Federal Reserve Bank of New York, that facilitates more than $3 trillion a day in payments.
August 18, 2014
Gates, Fees, and Preemptive Runs
In the academic literature on banks, “suspension of convertibility”—that is, preventing the exchange of deposits at par for cash—has traditionally been seen as a potential means of preventing economically damaging bank runs.
August 4, 2014
Financial Stability Monitoring
In a recently released New York Fed staff report, we present a forward-looking monitoring program to identify and track time-varying sources of systemic risk.
Posted at 10:00 am in Fed Funds, Financial Institutions, Financial Markets, Macroeconomics, Monetary Policy, Systemic Risk | Permalink
July 21, 2014
Becoming More Alike? Comparing Bank and Federal Reserve Stress Test Results
Stress tests have become an important method of assessing whether financial institutions have enough capital to operate in bad economic conditions.
June 4, 2014
The CLASS Model: A Top‑Down Assessment of the U.S. Banking System
Central banks and bank supervisors have increasingly relied on capital stress testing as a supervisory and macroprudential tool.
Posted at 7:00 am in Financial Institutions | Permalink
May 21, 2014
Why U.S. Exporters Use Letters of Credit
Banks play a critical role in international trade by offering letters of credit (LCs) that substantially reduce the risk faced by exporters.
Posted at 7:00 am in Exports, Financial Institutions, International Economics | Permalink | Comments (2)
May 19, 2014
The Trade Finance Business of U.S. Banks
Banks facilitate international trade by providing financing and guarantees to importers and exporters.
April 21, 2014
Introduction to the Floating‑Rate Note Treasury Security
Ezechiel Copic, Luis Gonzalez, Caitlin Gorback, Blake Gwinn, and Ernst Schaumburg Introduction The U.S. Department of the Treasury (Treasury) auctioned its first floating-rate note (FRN) on January 29, 2014. With this auction, Treasury introduced the first new marketable debt instrument since Treasury inflation-protected securities (TIPS) in 1997. The new two-year FRN is a fixed-principal security with […]
April 18, 2014
How Liquidity Standards Can Improve Lending of Last Resort Policies
Prior to the Great Recession, the focus of bank regulation was on bank capital with little consensus about the need for liquidity regulation.
Posted at 7:00 am in Financial Institutions, Lender of Last Resort, Liquidity, Regulation | Permalink
April 17, 2014
Liquidity Policies and Systemic Risk
One of the most innovative and potentially far-reaching consequences of regulatory reform since the financial crisis has been the development of liquidity regulations for the banking system.
Posted at 7:00 am in Financial Institutions, Financial Markets, Liquidity, Regulation, Systemic Risk | Permalink
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