Keywords: bank, bank holding company, bank run, financial crisis, liquidity risk, money market fund, systemic risk, too big to fail. The Center for Financial Research (CFR) Working Paper Series allows …

May 27, 2025 · Given financial market history, there is a strong possibility that additional stablecoin issuers will face runs at some point and that investors will lose money. If these new assets grow and …

What are the differences between bank deposits and money market funds? In this environment of positive and higher rates, we think it's important to consider cash allocations as a valuable asset. We …

Finally, activity in the euro money market remained driven by non-banks, with money market funds (MMFs) and other investment funds (IFs) making up a growing share of the market.

Nov 14, 2025 · A money market fund is a type of mutual fund that invests in high-quality, short-term debt instruments and cash (as well as cash equivalent securities).

Money market funds have many bank-like features, but no explicit protections of investor capital (e.g., FDIC insurance) Two (not mutually exclusive) mechanisms can lead to runs: Deterioration in …

Sep 20, 2024 · A guide to money market funds and all the benefits they can offer investors.

This visualization relies on gross subscriptions and redemptions reported (Form N-MFP B.7.b.i and B.7.b.ii). For master-feeder structures, the flows of the feeder funds are utilized rather than the flows …

Sep 23, 2023 · Here’s the problem with money-market funds: unlike bank deposits, which are insured up to $250,000 per account by the Federal Deposit Insurance Corporation, money-market funds are …

Nov 15, 2023 · Money market funds tend to have a broad base of investors from local authorities to pension funds, insurers, corporations, other institutions, private banks and individual savers.