Global banking uncertainty linked, North America holds largest influence.
The article examines how uncertainty spreads between banking systems in North America, the EU, and ASEAN. By analyzing data from 2005 to 2015, the researchers found that changes in uncertainty levels in one region can influence the others. The North American banking system has the most significant impact on the EU and ASEAN systems. The study used advanced statistical methods to track these connections over time, revealing common peaks in uncertainty linked to specific events.