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Nonbank Subsidiaries and the Hidden Fragility of Internal Capital Markets Reallocation – Liberty Street Economics

Nonbank Subsidiaries and the Hidden Fragility of Internal Capital Markets Reallocation – Liberty Street Economics

July 17, 2026July 18, 2026 · Banking

Nicola Cetorelli and Shohini Kundu This post concludes a three-part series on how bank regulation interacts with the organizational structure of banking firms. The first post documented the equity-rich…

Read more Nonbank Subsidiaries and the Hidden Fragility of Internal Capital Markets Reallocation – Liberty Street Economics
How Basel III Changes Where Capital Sits: Nonbank Subsidiaries as Equity Reservoirs – Liberty Street Economics

How Basel III Changes Where Capital Sits: Nonbank Subsidiaries as Equity Reservoirs – Liberty Street Economics

July 16, 2026July 21, 2026 · Banking

Nicola Cetorelli and Shohini Kundu This post is the second in a three-part series on how bank regulation interacts with the organizational structure of banking firms. The first post…

Read more How Basel III Changes Where Capital Sits: Nonbank Subsidiaries as Equity Reservoirs – Liberty Street Economics
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