
Steven Kelly
@stevenkelly49
Associate Director of Research at the Yale Program on Financial Stability (@YPFSatYale/@YaleSOM). Financial crises & how to fight them.
ID: 1111017381407662080
https://www.withoutwarningresearch.com/ 27-03-2019 21:29:20
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Expanding financing has allowed banks to benefit from these trends The pivot reflects a broader industry trend that ppl like Steven Kelly + Huw van Steenis have dubbed the "re-tranching" of the banking system post 2008 This has seen banks act more as financiers than investors


#SUERFpolicybrief “Ad Hoc Emergency #Liquidity Assistance in the 21st Century: Necessary, but Never Sufficient" by Steven Kelly (Steven Kelly), Vincient Arnold, Greg Feldberg, and Andrew Metrick (Yale Program on Financial Stability) 📄tinyurl.com/56mdr3st

