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has been formulated: in the post-crisis conditions the euro area remains vulnerable to the sovereign-bank nexus, which in … particular stems from the very legacy of the crisis, bank-based financial system, as well as incomplete reforms of the euro area … some progress in recent years, institutional reforms aimed at breaking the sovereign-bank nexus are far from complete. …
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unregulated shadow banking system, led to the 2008 financial crisis and may be leading us to a new crisis. Written by two bank …
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This paper studies how the early-career exposure of bank holding company (BHC) CEOs to the 1980s savings and loans (S … exposure by the bank failure rate in the states where CEOs worked during the S&L crisis. First, I identify the characteristics … demonstrate that these findings are not driven by bank–CEO matching …
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