Giannoccolo, Pierpaolo; Mansilla-Fernández, José Manuel - 2017 - This draft: November 6, 2017
This article analyses the effects of the bank restructuring process performed in Spain between 2010 and 2016. First, we … Bank of Spain. Second, we investigate whether these reforms affected (i) the stability, (ii) the degree of competition, and … instability. On the other hand, the increasing bank market power fostered financial stability (i.e., lower risk-taking behaviour …