European banks are determined by a risk-return trade-off. Banks have been shown to disproportionally invest in bonds issued by … 2018 for a sample of 76 European banks. Using the Sharpe ratio for the risk-return assessment, we find that over the entire … period banks' investments and divestments of sovereign bonds are characterized by rational risk-return considerations …

estimate the contributions of traditional banks vis-'a-vis non-bank financial intermediaries to changes in systemic risk …-prudential regulation, generally, decreases systemic risk among traditional banks, it has the opposite effect on systemic risk in the non …

of the financial and euro crises and post-crisis reforms, but also new market developments like FinTech, block …

trillion euro, initial estimates of our proposal suggest that a 1 basis point annual tax would support an annual flow of 10 … by issuing European Corona Solidarity Bonds (ECSBs) which are backed by revenues on a new EU-wide universal tax on … revenues on a universal tax on financial assets, may achieve these goals. As EU-total financial wealth is in excess of 100 …