Bankers Without Borders? : Implications of Ring-Fencing for European Cross-Border Banks /

This paper presents a stylized analysis of the effects of ring-fencing (i.e., different restrictions on cross-border transfers of excess profits and/or capital between a parent bank and its subsidiaries located in different jurisdictions) on cross-border banks. Using a sample of 25 large European ba...

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Bibliographic Details
Main Author: Makarova, Yuliya
Other Authors: Cerutti, Eugenio, Ilyina, Anna, Schmieder, Christian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/247
Online Access:Full text available on IMF