IMFBlog2019-03-13T14:30:52-04:00September 11, 2018|
By IMFBlog
September 11, 2018
A guard stands outside former US investment bank Lehman brothers (photo: Frances M. Roberts/Newscom)
The tenth anniversary of the collapse of US investment bank Lehman Brothers and the global crisis that followed is a sober reminder of what has changed, and what has not, in the world of economics and finance. […]
IMFBlog2019-03-14T10:32:01-04:00June 12, 2018|
By John Caparusso, Yingyuan Chen, Hideo Hashimoto, David Jones, Will Kerry and Aki Yokoyama
June 12, 2018
Versions in Español, Deutsche, Français, 日本語, Português
The US Treasury is issuing more T-bills, potentially putting upward pressure on the interest rates non-US banks must pay for short-term dollar funding (photo: Jennifer Hack/KRT/Newscom)
For companies and investors outside the United States, the dollar is often the currency of choice. Surprisingly, though, US banks play only a limited role in lending dollars to international borrowers. Most of the $7 trillion in banks’ dollar lending outside the United States is handled by banks based in Europe, Japan and elsewhere. […]
