What Future for the European Banking System?

The paper assesses the main factors underlying the decreasing profitability in the European banking sector, in comparison with the US. It underscores in particular the role of low interest rates, lower concentration, tighter regulation and the absence of a deep and liquid capital market. A stronger European banking system requires true pan-European banks and a true capital market union.

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Year of publication:	2018
Authors:	Smaghi, Lorenzo Bini
Published in:	Vierteljahrshefte zur Wirtschaftsforschung. - Berlin : Duncker & Humblot, ISSN 1861-1559. - Vol. 87.2018, 4, p. 141-151
Publisher:	Berlin : Duncker & Humblot
Subject:	Banks \| Banking union \| bank profitability

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.3790/vjh.87.4.141 [DOI] 1688945989 [GVK] hdl:10419/213119 [Handle] RePEc:diw:diwvjh:87-4-10 [RePEc]
Classification:	G00 - Financial Economics. General ; G01 - Financial Crises ; G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation
Source:	EconStor

Persistent link: https://www.econbiz.de/10012151389