BIS Working Papers – how monetary policy affects bank profitability; bond issuance by European banks; role of international reserves
Bank for International Settlements Working papers, October 1, 2015: • The influence of monetary policy on bank profitability: “This paper investigates how monetary policy affects bank profitability. We use data for 109 large international banks headquartered in 14 major advanced economies for the period 1995-2012. Overall, we find a positive relationship between the level of …