deteriorate further, which could require significant bank recapitalisation. Updated bottom-up (i.e. loan by loan) stress tests are … assumptions should be made public. The creation of the Bank Asset Management Company (BAMC) should allow recognition of problems …

management and investment funds and became a key contributor to growth. Diversification into new areas of financial asset … important for further diversification in the financial sector, building on Luxembourg’s existing comparative advantage and … financial market actors, notably investment funds. Given that the bulk of the banks in Luxembourg are affiliates of foreign bank …

-skilled, individuals with unstable employment paths and financially vulnerable households. Strong bank supervision and macroprudential …

The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting … to improve access to finance united under the roof of the British Business Bank. Further structural reforms are needed to …

step towards fair burden sharing. Bank recapitalisation, if necessary, should be done by raising the level of capital so as … accounts for systemic risks in Hungary. Finally, an effective independence of the central bank has to be guaranteed. This …

assesses the effect of the NIRP on the net interest rate margins of the euro area banks using quarterly consolidated bank level … policy rates. The econometric results confirm the effect of the interest rate level on bank profitability and, in some … specifications, also suggest an additional negative effect on bank profitability in the period of negative euro area short …