 | The Regulatory Responses to the Global Financial Crisis: Some Uncomfortable Questions Author/Editor: Stijn Claessens, Laura E. Kodres. Release Date:March, 2014 We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide more...
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| Euro-Area Banking At the Crossroads Author/Editor: Agnes Belaisch, Joaquim Vieira Ferreira Levy, Laura E. Kodres, Angel J. Ubide. Release Date:March, 2001 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. more...
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