The European Banking Union, 1st ed. 2016 A Critical Assessment Palgrave Macmillan Studies in Banking and Financial Institutions Series

Langue : Anglais

Auteur : Baglioni Angelo

Couverture de l’ouvrage The European Banking Union

Résumé
Sommaire
Biographie

Why did European policy-makers introduce the Banking Union? Which are its main features? How does it affect banks and their customers? This book tries to answer these questions, by providing a clear description of the building blocks of the banking union, and by discussing the issues that still remain unanswered.

.-List of Figures.

.-List of Tables.

.-List of Abbreviations.

.-Introduction.

.-The European banking Union: A Work in Progress.

.-Why this Book?.

.-Plan of the Work.

.-Chapter 1-- Three Reasons for The European Banking Union.

.-Introduction.

.-Reduce the Fiscal Cost of Banking Crises.

.-Break the Two-Way Link Between Bank and Sovereign Risks.

.-Achieve a Uniform Supervisory Standard.

.-Chapter 2-- The Single Supervisory Mechanism.

.-Introduction.

.-The Architecture of the Single Supervisory System.

.-The Supervision of Significant Banks.

.-The Supervision of Less Significant Banks.

.-The SREP Approach.

.-Macro-Prudential Supervision.

.-Concluding Remarks.

.-Chapter 3-- The Comprehensive Assessment.

.-Introduction.^.-Asset Quality Review.

.-Stress Test.

.-Capital Shortfalls and Remedial Actions.

.-A Critical View.

.-Concluding Remarks.

.-Chapter 4-- The Single Resolution Mechanism.

.-Introduction.

.-The BRRD: A New Framework for Crisis Management.

.-The Single Resolution Mechanism.

.-Concluding Remarks.

.-Chapter 5-- The Missing Pillar: A European Deposit Insurance.

.-Introduction.

.-The Directive of 2014.

.-The Way Forward.

.-Concluding Remarks.

.- Summary and Conclusions.

.-The European Banking Union: Motivations and Building Blocks.

.-Open Issues.

.-References.

.-Index.

Angelo Baglioni is Professor of Economics at Catholic University of Milan, Italy. He previously worked as an economist in the research department of a major bank. He has carried out extensive research in the fields of banking, finance, and monetary policy. He has written several articles in international journals as well as books.