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Why banks are “special” and does Fintech change that?
Will fintech make banks less “special”? The short answer is no. Banks manage two sets of cash flows – deposits and loans – and provide two key...
Do public venture loans help SMEs grow?
Do public venture loans help overcome the diagnosed financing gap for SMEs in Europe and help them to grow? The preferred policy tool to achieve...
Ending too-big-to-fail: Actions versus words
Are changes in regulation and resolution regimes sufficient to reduce the value of implicit bank debt guarantees? Or are actual losses for bank...