Journal of Financial Market Infrastructures

Risk.net

Correspondent Banking in Euro: bank clustering via self-organizing maps

Fabio Franch

ABSTRACT

The goal of this paper is to shed light on a key business in Europe that surpasses - in value of transactions - many European payment systems and that, due to the nature of the data collected, has not been the subject of any in-depth study before. This study builds upon the findings of the Eighth Survey on Correspondent Banking in Euro by adopting a finer clustering methodology. The main findings include the discovery of two additional clusters, and a more detailed understanding of the inner market dynamics over time, tying the discussion within the relevant literature. It is assumed here that the reader is already familiar with the main findings of the survey.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here