The new challenges of global banking and finance
Winifred Huang,
Philip Molyneux,
Steven Ongena and
Ru Xie
The European Journal of Finance, 2023, vol. 29, issue 7, 693-699
Abstract:
The economic downturn caused by the Covid-19 pandemic has brought unprecedented uncertainty to the global banking system. Banks are facing critical market challenges driven by uncertain monetary policies, deterioration in credit quality, and regulation and compliance pressures. These challenges highlight the importance of better understanding the new role of financial intermediations in facilitating efficient capital allocations and economic development. This article reviews the related literature on monetary policy uncertainty, bank performance, digital finance, and introduces articles on these themes. Finally, we propose potential areas for future research.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:eurjfi:v:29:y:2023:i:7:p:693-699
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DOI: 10.1080/1351847X.2023.2200145
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