Segnalazione da ESM-MES: Fast and furious …but tameable: Lessons from the recent banking turmoil for the EU

Fast and furious …but tameable: Lessons from the recent banking turmoil for the EU

Healthy banks are critical to safeguarding financial stability. 

The recent collapse of three US banks and one in Switzerland has sent shockwaves through global financial markets, with tremors continuing to this day. 

The speed with which these entities folded, and the strength of the market reaction, cast doubt on the ability of the current frameworks to contain the fallout of such events. (...)