Giancarlo Forestieri

European Banking Union and the impact on banks

  • Abstract

Informations and abstract

Keywords: Financial crisis, banking supervision, bank management.

The financial and sovereign debt crisis of 2011-2012 has shown the fragility of the European banking framework, focused on national authorities. The project of Banking Union was launched in the summer of 2012 to break the link between sovereign an corporate risks and to restore the confidence in European banks. The first part of the article examines the new regulatory and supervisory architecture, based on closer harmonization of banking regulation (Single Rule-Book) and new systems of banking supervision (Single Supervisor Mechanism) and banking resolution (Single Resolution Mechanism). The second part examines the possible impact of Banking Union on financial and strategic landscape of European banks.

Trova nel catalogo di Worldcat

Article first page

Article first page