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Hybrid Intermediaries

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Abstract

A successful hybrid is an offspring of two species that, in a new environment, is better suited for survival than its own parents. Evolution in the financial ?ecosystem? seems to have driven the emergence of hybrid intermediaries.

Suggested Citation

  • Nicola Cetorelli, 2015. "Hybrid Intermediaries," Liberty Street Economics 20150112, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:87006
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    File URL: https://libertystreeteconomics.newyorkfed.org/2015/01/hybrid-intermediaries.html
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    Cited by:

    1. is not listed on IDEAS
    2. Abad, Jorge & D’Errico, Marco & Killeen, Neill & Luz, Vera & Peltonen, Tuomas & Portes, Richard & Urbano, Teresa, 2022. "Mapping exposures of EU banks to the global shadow banking system," Journal of Banking & Finance, Elsevier, vol. 134(C).
    3. Portes, Richard & , & D'Errico, Marco & Killeen, Neill & Luz, Vera & Peltonen, Tuomas & Urbano, Teresa, 2017. "Mapping the interconnectedness between EU banks and shadow banking entities," CEPR Discussion Papers 11919, C.E.P.R. Discussion Papers.

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    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services

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