Recent cross-border banking within Europe: International balance sheet perspectives

Jonathan Andrew Batten, Igor Loncarski, Peter Szilagyi

    Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Researchpeer-review

    3 Citations (Scopus)

    Abstract

    We compare the aggregated international assets and liabilities of banks that report to the Bank for International Settlements (BIS) to establish their gross and net international exposures during recent episodes of financial crisis. Initially we consider these positions worldwide and then focus on the cross-border flows within Europe, considered in terms of core and peripheral countries. These gross and net asset?liability positions are both time-varying and respond to crisis periods, through better matching of international assets and liabilities as well as the realignment of asset positions to reduce balance sheet risks. These conclusions are consistent with other studies that utilise international banking flow data, while the European experience highlights the diversity of international position taking. This is due to the complexity of managing risks within the eurozone (EZ) and peripheral countries, and those emerging European countries that retain legacy currencies.
    Original languageEnglish
    Title of host publicationGlobal Banking, Financial Markets and Crises
    EditorsBang Nam Joen, Maria Pia Olivero
    Place of PublicationBingley UK
    PublisherEmerald Group Publishing Limited
    Pages15 - 30
    Number of pages16
    Edition1st
    ISBN (Print)9781783501700
    DOIs
    Publication statusPublished - 2013

    Cite this

    Batten, J. A., Loncarski, I., & Szilagyi, P. (2013). Recent cross-border banking within Europe: International balance sheet perspectives. In B. N. Joen, & M. P. Olivero (Eds.), Global Banking, Financial Markets and Crises (1st ed., pp. 15 - 30). Bingley UK: Emerald Group Publishing Limited. https://doi.org/10.1108/S1569-3767(2013)0000014004
    Batten, Jonathan Andrew ; Loncarski, Igor ; Szilagyi, Peter. / Recent cross-border banking within Europe: International balance sheet perspectives. Global Banking, Financial Markets and Crises. editor / Bang Nam Joen ; Maria Pia Olivero. 1st. ed. Bingley UK : Emerald Group Publishing Limited, 2013. pp. 15 - 30
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    abstract = "We compare the aggregated international assets and liabilities of banks that report to the Bank for International Settlements (BIS) to establish their gross and net international exposures during recent episodes of financial crisis. Initially we consider these positions worldwide and then focus on the cross-border flows within Europe, considered in terms of core and peripheral countries. These gross and net asset?liability positions are both time-varying and respond to crisis periods, through better matching of international assets and liabilities as well as the realignment of asset positions to reduce balance sheet risks. These conclusions are consistent with other studies that utilise international banking flow data, while the European experience highlights the diversity of international position taking. This is due to the complexity of managing risks within the eurozone (EZ) and peripheral countries, and those emerging European countries that retain legacy currencies.",
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    Batten, JA, Loncarski, I & Szilagyi, P 2013, Recent cross-border banking within Europe: International balance sheet perspectives. in BN Joen & MP Olivero (eds), Global Banking, Financial Markets and Crises. 1st edn, Emerald Group Publishing Limited, Bingley UK, pp. 15 - 30. https://doi.org/10.1108/S1569-3767(2013)0000014004

    Recent cross-border banking within Europe: International balance sheet perspectives. / Batten, Jonathan Andrew; Loncarski, Igor; Szilagyi, Peter.

    Global Banking, Financial Markets and Crises. ed. / Bang Nam Joen; Maria Pia Olivero. 1st. ed. Bingley UK : Emerald Group Publishing Limited, 2013. p. 15 - 30.

    Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Researchpeer-review

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    N2 - We compare the aggregated international assets and liabilities of banks that report to the Bank for International Settlements (BIS) to establish their gross and net international exposures during recent episodes of financial crisis. Initially we consider these positions worldwide and then focus on the cross-border flows within Europe, considered in terms of core and peripheral countries. These gross and net asset?liability positions are both time-varying and respond to crisis periods, through better matching of international assets and liabilities as well as the realignment of asset positions to reduce balance sheet risks. These conclusions are consistent with other studies that utilise international banking flow data, while the European experience highlights the diversity of international position taking. This is due to the complexity of managing risks within the eurozone (EZ) and peripheral countries, and those emerging European countries that retain legacy currencies.

    AB - We compare the aggregated international assets and liabilities of banks that report to the Bank for International Settlements (BIS) to establish their gross and net international exposures during recent episodes of financial crisis. Initially we consider these positions worldwide and then focus on the cross-border flows within Europe, considered in terms of core and peripheral countries. These gross and net asset?liability positions are both time-varying and respond to crisis periods, through better matching of international assets and liabilities as well as the realignment of asset positions to reduce balance sheet risks. These conclusions are consistent with other studies that utilise international banking flow data, while the European experience highlights the diversity of international position taking. This is due to the complexity of managing risks within the eurozone (EZ) and peripheral countries, and those emerging European countries that retain legacy currencies.

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    Batten JA, Loncarski I, Szilagyi P. Recent cross-border banking within Europe: International balance sheet perspectives. In Joen BN, Olivero MP, editors, Global Banking, Financial Markets and Crises. 1st ed. Bingley UK: Emerald Group Publishing Limited. 2013. p. 15 - 30 https://doi.org/10.1108/S1569-3767(2013)0000014004