Global Banking in a Fragmented World: How Geopolitics Is Redefining Capital Flows
The architecture of global banking is undergoing a structural transformation, one that is increasingly shaped not by market fundamentals alone but by the shifting contours of geopolitics. The Bank for International Settlements (BIS), in its working paper “Global Banking and Geopolitics Through Time,” presents a data-driven examination of how political alignments and strategic rivalries are…