This paper analyses the process of disintermediation, the progress in consolidation, the impact of new technologies, and the role of ownership and control structures for the euro area banking sector. The impact of these trends on competition policy, "too big to fail" concerns, and financial...

This paper analyses the process of disintermediation, the progress in consolidation, the impact of new technologies, and the role of ownership and control structures for the euro area banking sector. The impact of these trends on competition policy, too big to fail concerns, and financial...

This paper analyses the process of disintermediation, the progress in consolidation, the impact of new technologies, and the role of ownership and control structures for the euro area banking sector. The impact of these trends on competition policy, ""too big to fail"" concerns, and financial...

Zusammen mit der politischen Entscheidung zur Gründung einer Europäischen Währungsunion (EWU) wurden Konvergenzkriterien festgelegt, die signalisieren sollen, dass die Geldwertstabilität das primäre Ziel der künftigen europäischen Währungsbehörden ist. Obgleich die Erfüllung der...