Xanthi Gkougkousi, a Vice President in our Washington, DC office, recently co-authored a paper entitled “Cross-sectional dispersion and bank performance” which appears in the Journal of Banking & Finance. The article studies the association between cross-sectional earnings dispersion and the banking sector’s performance. Abstract: We examine the relation between cross-sectional earnings dispersion and the banking … Continued
Román Acosta, a Senior Economist in our Washington, DC office recently co-authored a paper entitled “Loans and employment: Evidence from bank-specific liquidity shocks” which appears in the Latin American Journal of Central Banking.
In an article published in the Spring 2020 Financial Stability Review, Banco de España, Jorge Padilla considers the financial stability risks caused by BigTech’s entry into retail banking and discusses alternative policy responses aimed at allaying those concerns in more detail.
The entry of Big Tech players, such as Google, Facebook, and Amazon, into online banking is likely to have a significant impact on competition in retail banking.