Browsing: Underground

Manuel Gloria and Chiara Punzo The expansion of non-bank financial institutions (NBFIs) is transforming the financial landscape and introducing fresh…

Eduardo Maqui, Nicholas Vause and Márcia Silva-Pereira In recent decades, the corporate bond market has grown from a relatively niche…

Benjamin Guin, Mahmoud Fatouh and Haluk Unal Regulation has been asserted to be a brake on innovation. Prudential rules impose…

Matthieu Chavaz, David Elliott and Win Monroe Large-scale provision of long-term funding to banks has become a central bank tool…

Giovanni Covi and Tihana Škrinjarić The ability of the banking system to absorb shocks and continue providing vital financial services…

USANewsGroup.com Market Intelligence Brief – The “Global Village” is dead. What killed it wasn’t a virus or a war—it was…

Edward Egan Headlines warn of a looming ‘jobpocalypse’, but the reality is more complex. Rather than simply causing a wave…

Marco Garofalo and Thomas Prayer The US administration raised US import tariffs in April, reigniting trade tensions. This sparked concerns…

Sarah Munson and Callum Ashworth In recent years, retail investors’ demand for UK government bonds (gilts) has increased, marking a…

Bank Underground is a blog for Bank of England staff to share views that challenge – or support – prevailing…