主题：Limiting Too-Big-to-Fail & the Rise of Banking Fragility
主讲人：阮天悦，新加坡国立大学商德州扑克大小
金融学助理教授
时间：10月18日（周三）上午10:00-11:30
地点：4-101教室
语言：英文
摘要：
Since 2018, U.S. regulators have restricted Wells Fargo & Company from growing beyond $1.95 trillion in assets. Constrained by the asset cap, Wells Fargo contracted geographically, and its deposit growth stalled. We show that other banks stepped in to fill the gap. Branches near Wells Fargo branches saw higher deposit growth than other branches of the same banks in the same counties. Banks more exposed to Wells Fargo competition experienced higher growth in uninsured deposits, leading to higher stress during the regional bank crisis of 2023.
主讲人介绍：
Tianyue Ruan is an Assistant Professor in the Department of Finance at the National University of Singapore (NUS) Business School.
Her research explores issues in financial intermediation and systemic risk. Her current work focuses on the impact of financial regulation on the behaviours of traditional and emerging financial intermediaries, and associated implications for financial stability and the real economy.
She received her PhD in Finance from New York University Stern School of Business. As an undergraduate, she studied economics and finance at Peking University, China.
