Measuring Global Bank Complexity
Nicola Cetorelli,
Linda Goldberg and
Arun Gupta
Additional contact information
Arun Gupta: https://www.federalreserve.gov/econres/arun-gupta.htm
No 20140331, Liberty Street Economics from Federal Reserve Bank of New York
Abstract:
Paraphrasing a famous Supreme Court opinion: “I know bank complexity when I see it.” This expression probably speaks to the truth that, if we look at a given banking organization, we ought to be able to state whether it is more or less “complex.” And yet, such an approach hardly offers any guidance if one wants to understand the intricacies of global banks and to monitor and regulate them. What should be the appropriate metrics? It seems to us that there is not a consensus just yet on what complexity might mean in the context of banking. The global dimension of a bank adds many layers, so focusing on global banks is bound to yield a more comprehensive take on the issue than examining purely domestic banking entities. Therefore, in this piece, we view complexity through the lens of the operations of global banks.
Keywords: Global banking; Banks; Complexity (search for similar items in EconPapers)
JEL-codes: F00 G1 (search for similar items in EconPapers)
Date: 2014-03-31
References: Add references at CitEc
Citations: View citations in EconPapers (18)
Downloads: (external link)
https://libertystreeteconomics.newyorkfed.org/2014 ... bank-complexity.html Full text (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fip:fednls:86933
Ordering information: This working paper can be ordered from
pipubs@ny.frb.org
Access Statistics for this paper
More papers in Liberty Street Economics from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by Gabriella Bucciarelli (gabriella.bucciarelli@ny.frb.org).