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Banking Trends: Why Banks Finance Their Nonbank Competitors

Author

Listed:
  • James DiSalvo

Abstract

The explosive growth in nonbank financial institutions seems to have come at the expense of banks, but a closer look reveals otherwise.

Suggested Citation

  • James DiSalvo, 2024. "Banking Trends: Why Banks Finance Their Nonbank Competitors," Banking Trends, Federal Reserve Bank of Philadelphia, pages 1-7, September.
  • Handle: RePEc:fip:fedpbt:98875
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    References listed on IDEAS

    as
    1. Berlin, Mitchell & Mester, Loretta J, 1999. "Deposits and Relationship Lending," The Review of Financial Studies, Society for Financial Studies, vol. 12(3), pages 579-607.
    2. Anil K. Kashyap & Raghuram Rajan & Jeremy C. Stein, 2002. "Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking," Journal of Finance, American Finance Association, vol. 57(1), pages 33-73, February.
    3. Sergey Chernenko & Isil Erel & Robert Prilmeier, 2022. "Why Do Firms Borrow Directly from Nonbanks?," The Review of Financial Studies, Society for Financial Studies, vol. 35(11), pages 4902-4947.
    4. Nicolas Crouzet, 2021. "Credit Disintermediation and Monetary Policy," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(1), pages 23-89, March.
    Full references (including those not matched with items on IDEAS)

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