Customer relationships affect severity of bank runs – research
Swiss experience of the global financial crisis offers natural experiment
Customers with a close relationship to a troubled bank are less likely to withdraw their money, according to research published on the Bank of England’s blog and in a separate working paper.
Authors Martin Brown, Benjamin Guin and Stefan Morkoetter take advantage of a natural experiment in Switzerland, where the country’s two largest banks, UBS and Credit Suisse, became stressed during the financial crisis, but banks with only domestic operations did not. Survey data on Swiss households
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Trends in reserve management 2024: survey results
- Profit inflation and monetary policy: weighing the evidence
- Central bank of the year: Central Bank of Brazil