. Single-point-of-entry resolution of international banks is only possible for the very largest countries or for countries …-point-of-entry resolution of international banks and contributes to fragmentation of the global banking system. …

. Single-point-of-entry resolution of international banks is only possible for the very largest countries or for countries …-point-of-entry resolution of international banks and contributes to fragmentation of the global banking system …

of this threat is challenging, since banks' accounting-based loan loss provisions are sluggish. We use a Merton … contingent claims model to provide a real-time, market valuation-based assessment of the impact of COVID-19 on euro area banks …-implied losses for euro area banks could reach over €1 trillion, or 4 to 25% of corporate credits' book value (7 to 43% of available …

. Single-point-of-entry resolution of international banks is only possible for the very largest countries or for countries …-point-of-entry resolution of international banks and contributes to fragmentation of the global banking system. …

backstop in the Banking Union. All these functions deal with the soundness of individual banks. In the run-up to the 2007 … individual banks (micro), while losing sight of emerging imbalances in the wider financial system (macro). …

An anticipated benefit of the prospective European Banking Union is stronger supervision of European banks. Another … benefit would be enhanced resolution of banks in distress. While national governments confine themselves to the domestic … cross-border effects within Europe are incorporated. Using a model of recapitalising banks, this paper develops indicators …

An anticipated benefit of the prospective European Banking Union is stronger supervision of European banks. Another … benefit would be enhanced resolution of banks in distress. While national governments confine themselves to the domestic … cross-border effects within Europe are incorporated. Using a model of recapitalising banks, this paper develops indicators …