260 posts on "Financial Institutions"
February 4, 2013
Did Securitization Lead to Riskier Corporate Lending?
There’s ample evidence that securitization led mortgage lenders to take more risk, thereby contributing to a large increase in mortgage delinquencies during the financial crisis.
January 9, 2013
Ring‑Fencing and “Financial Protectionism” in International Banking
Some market watchers and academic researchers are concerned about a “Balkanization” of banking, owing to a sharp decline in cross-border international banking activity, and an increased home bias of financial transactions.
Posted at 7:00 am in Banks, Financial Institutions, International Economics, Liquidity, Regulation | Permalink
December 31, 2012
Why Isn’t the Thirty‑Year Fixed‑Rate Mortgage at 2.6 Percent?
As of mid-December, the average thirty-year fixed-rate mortgage was near its historic low of about 3.3 percent, or half its level in August 2007 when financial turmoil began.
December 3, 2012
Why (or Why Not) Keep Paying Interest on Excess Reserves?
In the fall of 2008, the Fed added new policy tools to its portfolio of techniques for implementing monetary policy.
November 21, 2012
Doing Well by Doing Good? Community Development Venture Capital
In a new working paper, Josh Lerner and I explore how the venture capital (VC) model can be harnessed to achieve socially targeted ends by examining the investment record of community development venture capital (CDVC) firms.
October 15, 2012
The Minimum Balance at Risk: A Proposal to Stabilize Money Market Funds
In a June post, we explained why the design of money market funds (MMFs) makes them prone to runs and thereby contributes to financial instability. Today, we outline a proposal for strengthening MMFs that we’ve put forward in a recent New York Fed staff report.
October 10, 2012
Tracking the U.S. Banking Industry
The New York Fed has recently published the first edition of a new quarterly report tracking the aggregate financial condition of consolidated U.S. banking organizations. In this post, we describe the methodology used to construct the statistics in the report as well as present and briefly discuss some of the findings.
October 3, 2012
The New Bank Resolution Regimes and “Too‑Big‑to‑Fail”
During the recent financial crisis, the absence of an orderly resolution regime forced governments of several countries to provide extraordinary support to a number of systemically important financial institutions (SIFIs) that were considered “too-big-to-fail.”
August 29, 2012
If Interest Rates Go Negative . . . Or, Be Careful What You Wish For
The United States has slid into eight recessions in the last fifty years. Each time, the Federal Reserve sought to revive economic activity by reducing interest rates.
Posted at 7:05 am in Financial Institutions, Financial Markets, Monetary Policy | Permalink | Comments (7)
Follow That Money! How Global Banks Manage Liquidity Globally
Banks increasingly move money around the world.
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