The key dynamics of the transatlantic banking crisis are analyzed – with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise –, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted. Most important,...

In a new CEPS Policy Brief, CEPS Chairman H. Onno Ruding argues that financial reform is urgently needed in the EU not only to reduce the likelihood of another financial crisis in the coming years but also to reinforce the internal market. In his view, a primary financial as well as political...