aggregate and firm-level evidence – Bank Underground
Eduardo Maqui, Nicholas Vause and Márcia Silva-Pereira
In recent decades, the corporate bond market has grown from a relatively niche source of finance for...
Monetary policy, state-dependent bank capital requirements and the role of non-bank financial intermediaries – Bank Underground
Manuel Gloria and Chiara Punzo
The expansion of non-bank financial institutions (NBFIs) is transforming the financial landscape and introducing fresh challenges for financial stability...
central banks as a funding backstop – Bank Underground
Matthieu Chavaz, David Elliott and Win Monroe
Large-scale provision of long-term funding to banks has become a central bank tool to support credit supply...
6 Signs a Bank is Rooted in Your Community
Union Bank February 12, 2026Contents:In a time when national banks dominate the headlines, local banks remain the quiet backbone of small-town and...
Measuring banking resilience to adverse outcomes – Bank Underground
Giovanni Covi and Tihana Škrinjarić
The ability of the banking system to absorb shocks and continue providing vital financial services is important because it...
Can regulation drive innovation in finance? Lessons from green mortgage products – Bank Underground
Benjamin Guin, Mahmoud Fatouh and Haluk Unal
Regulation has been asserted to be a brake on innovation. Prudential rules impose capital, liquidity and disclosure...