We investigate whether the bank crisis management framework of the European banking union can effectively bar the … detrimental influence of national interests in cross-border bank failures. We find that both the internal governance structure and … authorities in charge of bank crisis management to operate autonomously and achieve socially optimal outcomes beyond national …

drawing useful lessons for regulatory reform. We argue that an important contributor to positive bank performance was a solid …

previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and …

Prinzipien gelenkt, wie in Zukunft das Risikomanagement, die interne Banksteuerung und die Bankenaufsicht reformiert und auf die … Finanzkrise vorgeschlagen oder bereits politisch umgesetzt worden sind. …

European Central Bank's Financial Stability Committee Working Group on Stress Testing (WGST). Over a four-year period, the WGST …

externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory (super … policies are centralized only when international spillovers from cross-border bank ownership are strong, and banking sectors …

externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory decision of … contrast, bailout policies are centralized only when international spillovers from cross-border bank ownership are strong, and …

linear causal relationships. Finally, the comments point out that bank resolution of systemically important institutions is … resolution (in the EI), for lack of fiscal backstops (in the EU), and for lack of political acceptance of bank resolution with …