previous empirical studies, we identify a strong negative effect of banking integration on output synchronization, conditional …

In December 2013 agreement on the second pillar of the banking union was reached. The SRM sets up restructuring … design of the banking union falls short of the goal of breaking the link between governments and their banks. We explain how …

strategic shareholders upon the market value of commercial banks operating in the Polish banking sector. The analysis included … banking sector. …

This paper presents empirical evidence on the competitive structure in the banking industry in the EU as a whole as … countries. Rather, European banking sectors operate under conditions of monopolistic competition, albeit to varying degrees. The …

institutional building steps as the Banking Union (BU) and Capital Markets Union (CMU). Their swift introduction suggests that BU …-effects materialised: 1) CMU twisted the balance against banking and in favour of financial markets; 2) BU is, de facto, weakening banking …

financial centers like Switzerland. We focus on the pattern of capital flows involving the Swiss banking industry. We first rely … on balance-of-payment statistics and show that net banking inflows rose during the acute phases of the crises, albeit … into Switzerland by foreign banks. We then use more detailed data from the Swiss banking statistics which allow us to …