particular, is a key question with implications for sustainable finance and financial stability. We address this question by …

, some of which might affect bank’s ability to finance the real economy. We perform a decomposition of the changes in capital … European banking groups including M&A operations and state aid and covering the 2005-2014 period, and find that the main driver … performed at country and major banking group level, showing high heterogeneity in responses to achieve the new requirements. …

jurisdictions where the banking group operates. Then, we evaluate the effects that establishing tax neutrality between debt and … equity finance has on systemic risk. We show that the degree of coordination in implementing the hypothetical tax reform … the event of a severe banking crisis. By contrast, uncoordinated tax reforms are not equally beneficial. This is because …

reform package of prudential and resolution rules in banking ("banking package"). This study replicates and expand Schäfer et … is the 2018 Council agreement on its general approach to the proposed banking package. While the 2016 and 2019 reforms of …