This book chapter compares the governance rules adopted for financial institutions in the various EU instruments. Where the rules differ between financial institutions, we examine whether there are indications that such differences are indeed grounded in a market failure that is not present in...

Balance-sheet indicators may reflect, to a great extent, bank fragility. This inherent relationship is the object of theoretical models testing for balance-sheet vulnerabilities. In this sense, we aim to analyze whether systemic risk for a sample of US banks can be explained by a series of...