The Architecture of Global Banking: From International to Multinational?

Abstract

The financial crisis has led to a reconsideration of banks’ global business models. This special feature uses the BIS banking statistics to distinguish between “international” and “multinational” banks and their associated funding models. The crisis put these models to the test. In the event, banks’ local positions were more stable, especially in emerging markets.

JEL Classification: F34, F36, G21