BIS: Global banking at a crossroads
A Bank for International Settlements paper published in July looks at the impact of the financial crisis on international banking.
The report, prepared by a study group chaired by Hans-Helmut Kotz, a former board member at the Bundesbank in charge of financial stability, examines the impact of international banking on financial stability and analyses possible future developments in cross-border intermediation, paying particular attention to the interplay between market- and bank-based activities
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