European Banking Union: Prospects and challenges

Recent failures and rescues of large banks have resulted in colossal costs to society. In wake of such turmoil a new banking union must enable better supervision, pre-emptive coordinated action and taxpayer protection. While these aims are meritorious they will be difficult to achieve. This book explores the potential of a new banking union in Europe.

This book brings together leading experts to analyse the challenges of banking in the European Union. While not all contributors agree, the constructive criticism provided in this book will help ensure that a new banking union will mature into a stable yet vibrant financial system that encourages the growth of economic activity and the efficient allocation of resources.

This book will be of use to researchers interested in Banking, Monetary Economics and the European Union.

Author: Juan E. Castañeda
Publisher: Routledge
Published: 01/24/2018
Pages: 228
Binding Type: Paperback
Weight: 0.78lbs
Size: 9.21h x 6.14w x 0.52d
ISBN: 9781138495456

About the Author

Juan E. Castañeda is lecturer in economics, University of Buckingham and deputy director, Institute of International Monetary Research, UK.

David G. Mayes is professor of banking and financial institutions, chairman, Europe Institute and director, NZ Governance Centre, University of Auckland, New Zealand.

Geoffrey Wood is emeritus professor, University of Buckingham and Cass Business School, UK.