through risk-reflecting prices for bank capital. The main reason for this lies in the avoidable embeddedness of the BRRD … approach that seeks to disentangle private sector involvement as a precondition for effective bank-resolution as much as …

This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …

addressed by an approach to financial regulation that imports its functional foundations more vigorously into the interpretation … and implementation of existing rules. It shows that the general policy goals of prudential banking regulation remain …

. The European Central Bank, in its capacity as supervisory authority for systemically important banks, as well as the …

We introduce an innovative approach to measure bank integration, based on the corporate culture of multinational … financial reports of global banks. We employ a two-step approach: as a first step, we investigate whether parent-bank or parent …-country characteristics are more important for bank integration. In a second step, we analyze whether bank integration affects the …

We investigate whether the bank crisis management framework of the European banking union can effectively bar the … detrimental influence of national interests in cross-border bank failures. We find that both the internal governance structure and … authorities in charge of bank crisis management to operate autonomously and achieve socially optimal outcomes beyond national …

credit supply results in lower firm-, investment-, and sales growth for firms which obtain a larger share of their bank …