Artikel

The Subprime Crisis and the European Banking Sector: the Renewal of Universal Banks?

Since the 90's, European banks have sustained numerous structural disturbances. Their degree of integration combined with the universality of our institutions in the banking sector may then be an important factor to take into account in appreciating its resistance to systemic shocks. In this first part, the correlation between size and systemic risk will be discussed. The current financial deregulation has permitted the entry onto the market of institutions, which are traditionally non-banking institutions (insurance companies, institutional investors, pension funds). It would be interesting to measure the influence of these newcomers on the evolution of banking integration. This is the object of part two of this analysis. The last stage will consist in an attempt to evaluate the systemic risk in the framework of the new financial environment. The subprime crisis and the unequal reaction of banking institutions will lead us to two questions: "Will this crisis lead to a renewal of the predominance for universal banks?" and "Will the new process of integration in banking sector guarantee stability at the international level?"

Language
Englisch

Bibliographic citation
Journal: Amfiteatru Economic Journal ; ISSN: 2247-9104 ; Volume: 11 ; Year: 2009 ; Issue: Special Number 3 ; Pages: 684-697 ; Bucharest: The Bucharest University of Economic Studies

Classification
Wirtschaft
Money Supply; Credit; Money Multipliers
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
Subject
crisis
universal banks
size
efficiency
globalization

Event
Geistige Schöpfung
(who)
Paulet, Elisabeth
Event
Veröffentlichung
(who)
The Bucharest University of Economic Studies
(where)
Bucharest
(when)
2009

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Paulet, Elisabeth
  • The Bucharest University of Economic Studies

Time of origin

  • 2009

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