In response to the Covid-19 crisis, EU leaders agreed on the creation of a€ 750bn recovery
fund (the Next Generation EU, NGEU). We investigate the short-term impact of this landmark …

We model a banking union of two countries whose banking sectors differ in their average
probability of failure and externalities between the two countries arise from cross-border …

The disclosure of SREP results aims to enhance transparency and reduce opacity in the
banking sector. Prior to 2020, there was no standardized framework for disclosure, leading …

We assess the information content of supervisory announcements related to stress tests and
other supervisory exercises in the EU for 2010–2018. Our results show that compared to …

This study examines the impact of two significant regulatory reforms, the Banking Reform Act
(2013) and the Financial Services and Markets Act (2023), on the market value of the four …

We analyze the impact of the announcement of the banking union on stock market returns of
euro area banks against the backdrop of three commonly held views of the banking union …

Following the start of the global financial crisis in 2007, the Basel Committee on Banking
Supervision (BCBS) initiated a comprehensive overhaul, bolstering regulations governing …

We evaluate the impact of the bail-in, the new resolution policy adopted in 2016 within the
Bank Recovery and Resolution Directive, on the cost of funding for EU banks. We first …

The aim of this chapter is to investigate whether risk and risk management disclosure of
Italian listed banks increased after the introduction of the single supervisory mechanism …

Following the global financial crisis (GFC) in 2007, the Basel Committee on Banking
Supervision (BCBS) bolstered regulations governing financial risks encompassing market …