This paper analyses cross-border contagion in a sample of European banks from January 1994 to January 2003. We use a … bank. We find evidence in favour of significant cross-border contagion. We also find some evidence that since the … introduction of the euro cross-border contagion may have increased. The results seem to be very robust to changes in the …

contagion among large EU banks. Banks’ risk is measured by the first difference of weekly distances to default and abnormal …. Further, the paper proposes a simple metric, which is used to identify contagion from one bank to another and identify …

the national banking sectors. We then evaluate the features of the resulting framework using various network statistics … analysis suggests that the risk of contagion is not reduced, while a more diversified portfolio of cross-border exposures might …

and trends in the euro area banking sector in terms of the degree of homogeneity of countries. We find that in the period … 1998-2004 the banking sectors in the euro area countries seem to have become somewhat more homogeneous, although the …

quantity-based indicators covering money, bond, equity and banking markets. Prior to aggregation, individual integration … composite indicators. This fragmentation trend reversed when the European banking union and the ECB's Outright Monetary …