Banca
Destacados
Unintended Consequences of ECB Liquidity: Impact on Credit Allocation and Bank Profitability in the Eurozone
Fecha:
julio 2025
This study provides a comprehensive analysis of how Eurozone banks utilized the massive liquidity provided by the ECB in the past decade and the consequences of those choices.
Artículo
Bank bond spreads after the Global Financial Crisis: From fragility to fundamental strength
Fecha:
julio 2025
Once seen as safer and cheaper than corporate debt thanks to its regulated profile and implicit government backing, since the 2008 financial crisis, bank-issued debt has carried a risk premium, driven by regulatory shifts, sovereign exposures, and profitability concerns. Recent improvements in capital generation, liquidity, and diversification suggest that the premium may no longer be justified on fundamental grounds.
Artículo
Desaparición de la prima bancaria frente al crédito no financiero
Fecha:
julio 2025
Este trabajo aborda un fenómeno que ha transformado los mercados
desde la crisis de 2008: la pérdida de ventaja de financiación de los bancos frente a las empresas no financieras.