Banking has grown too much in Europe - in three senses. First, the European banking system has reached a size where its …. Third, large universal banks - which perform a wide range of banking services, and are peculiarly common in Europe … address Europe's overbanking problem. …

. The European Systemic Risk board (ESRB) mandated a task force to identify the potential risks related to SFTs in Europe … macro-prudential policy in Europe. By providing a description of the SFT landscape, the data collection exercises undertaken … targeted 13 agent lenders that are considered to be the largest re-investors of cash collateral in Europe. The sample period of …

This paper reviews the state of the banking sector in Europe. At the aggregate level, the empirical data suggest that … the bank level, the top tertile of well-capitalised banks (with a market based leverage ratio well above 4%) continues … market thus gives a lower value to these banks. Our findings provide prima facie evidence of a credit crunch in Europe …