impact on the European banking sector and the European economy. The European Central Bank (ECB) and the Single Resolution …

-for-like comparison. This paper seeks to identify and analyse the factors behind the profitability gap in a structured manner. We …

This paper exploits a novel bank-level monthly dataset to assess the effects of global liquidity on the global flows of … bank claims on extra-euro area residents, against a background of contracting euro area credit supply. Controlling for bank … supports a range of determinants of global liquidity - including global risk, global bank equity and unconventional monetary …

.S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are supportive of the … international bank lending channel and the portfolio channel of monetary policy transmission. They also show that the frictions that …. The forms of bank balance sheet heterogeneity that differentiate spillovers across banks are not uniform across countries …

1999. In comparison to legacy currencies, the use of the euro in cross-border banking transactions grew on aggregate, and …