Why Do Banks Keep All That “Fracking” Money?
In a recent post, I discussed the significant impact that “fracking” and other unconventional energy development has had on bank deposits.
What Do Banks Do with All That “Fracking” Money?
Banks play a crucial role in the economy by channeling funds from savers to borrowers.
The Fragility of an MMF‑Intermediated Financial System
Since the financial crisis of 2007-09—and, in particular, the run on prime money market funds (MMFs) in September 2008—policymakers have been concerned that the funds’ fragility may render banks themselves more susceptible to risk.
Piggy Banks
What do banks do?
The Rise of the Originate‑to‑Distribute Model and the Role of Banks in Financial Intermediation
In yesterday’s post, Nicola Cetorelli argued that while financial intermediation has changed dramatically over the last two decades, banks have adapted and remained key players in the process of channeling funds between lenders and borrowers.
Introducing a Series on the Evolution of Banks and Financial Intermediation
It used to be simple: Asked how to describe financial intermediation, you would just mention the word “bank.”
Just Released: Conference on Global Systemic Risk Explores Four Key Questions
The 2007-09 financial crisis spread to markets and institutions around the world, demonstrating why global systemic risk is a major concern in modern financial markets.