This study finds that equity returns in the banking sector in the wake of the Great Recession and the European … deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal … policymakers' efforts to strengthen bank capitalization …

This paper proposes an integrated crisis management and resolution framework for the EU's single banking market. It …

identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures …, which made the estimation of early warning models for bank supervision very difficult. This paper presents a unique database … of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sou …

associated with a specific bank. Our approach defines the banking system as a portfolio of banks and infers the system …This paper defines a set of banking stability measures which take account of distress dependence among the banks in a …

in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and …

The paper provides an empirical analysis of aggregate banking system ratios during systemic banking crises. Drawing … discriminate between sound and unsound banking systems. We also estimate a duration model to investigate whether the ratios help … determine the timing of a banking crisis. Despite some weaknesses in the available data, our findings offer initial evidence …

This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement … because the initial cost of bank restructuring can be offset, partly, through the budgetary effects of improved enterprise …

Financial crises are endogenized through corporate and interbank market institutions. Single-bank financing leads to a … may lead more solvent but illiquid banks to withdraw from the market, until the interbank market collapses. However, multi-bank … financing leads to a separating equilibrium in the interbank market. Thus, bank runs are limited to illiquid and insolvent banks …

The scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on … the optimal design of prudential supervision and deposit guarantee regulations in a multi-country, integrated banking … and stability of the banking sector. The paper concludes with recommendations on policy priorities in this area. …