IDEAS home Printed from https://ideas.repec.org/p/fip/fednls/87083.html
   My bibliography  Save this paper

U.S. Banks' Changing Footprint at Home and Abroad

Author

Abstract

Some banks are quite simple, while others are part of complex multi-layered organizations with affiliates in many industries scattered all around the world. The latter organizations are formally called bank holding companies (BHCs). In this post, we investigate changes in BHC geography, especially the rising share of BHC affiliates in tax havens and financial secrecy jurisdictions. We examine what has happened since 2000, including the period after the 2010 Dodd-Frank Act, which focused attention on the size and complexity of large BHCs. Our analysis complements a growing body of work on large and complex BHCs and their global affiliates, including this blog series based on papers from the Economic Policy Review.

Suggested Citation

  • Linda S. Goldberg & Rose Wang, 2015. "U.S. Banks' Changing Footprint at Home and Abroad," Liberty Street Economics 20151130, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:87083
    as

    Download full text from publisher

    File URL: https://libertystreeteconomics.newyorkfed.org/2015/11/us-banks-changing-footprint-at-home-and-abroad.html
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    global; Dodd Frank; US banking organizations; complex;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • F00 - International Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fednls:87083. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gabriella Bucciarelli (email available below). General contact details of provider: https://edirc.repec.org/data/frbnyus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.