001443135 000__ 04412cam\a2200577\i\4500 001443135 001__ 1443135 001443135 003__ OCoLC 001443135 005__ 20230310003528.0 001443135 006__ m\\\\\o\\d\\\\\\\\ 001443135 007__ cr\un\nnnunnun 001443135 008__ 211209s2022\\\\sz\a\\\\ob\\\\001\0\eng\d 001443135 019__ $$a1288138570$$a1288168273$$a1288195817$$a1288212145 001443135 020__ $$a9783030875602$$q(electronic bk.) 001443135 020__ $$a3030875601$$q(electronic bk.) 001443135 020__ $$z9783030875596 001443135 020__ $$z3030875598 001443135 0247_ $$a10.1007/978-3-030-87560-2$$2doi 001443135 035__ $$aSP(OCoLC)1288028567 001443135 040__ $$aYDX$$beng$$erda$$epn$$cYDX$$dGW5XE$$dEBLCP$$dOCLCO$$dN$T$$dBRX$$dOCLCO$$dOCLCQ 001443135 043__ $$ae------ 001443135 049__ $$aISEA 001443135 050_4 $$aHG2974$$b.M33 2022 001443135 08204 $$a332.1094$$223 001443135 1001_ $$aMaddaloni, Angela,$$eauthor. 001443135 24514 $$aThe new bail-in legislation :$$ban analysis of European banking resolution /$$cAngela Maria Maddaloni, Giulia Scardozzi. 001443135 264_1 $$aCham :$$bPalgrave Macmillan,$$c[2022] 001443135 264_4 $$c©2022 001443135 300__ $$a1 online resource :$$billustrations (chiefly color) 001443135 336__ $$atext$$btxt$$2rdacontent 001443135 337__ $$acomputer$$bc$$2rdamedia 001443135 338__ $$aonline resource$$bcr$$2rdacarrier 001443135 4901_ $$aPalgrave Macmillan studies in banking and financial institutions 001443135 504__ $$aIncludes bibliographical references and index. 001443135 5050_ $$aChapter 1: The new resolution framework -- Chapter 2: Bank funding strategies after the bail-in announcement -- Chapter 3: Risk Allocation and bond misselling after the bail-in directive -- Chapter 4: Bond allocation after the bank resolution cases -- Chapter 5: Market reaction at the resolution events. 001443135 506__ $$aAccess limited to authorized users. 001443135 520__ $$aFinancial stability is a pillar of well-functioning financial markets. After the last financial crisis, European policymakers harmonised banking regulation and revised the framework of banking resolution. The introduction of the bail-in legislation is a natural experiment to improve the understanding of banking resolution and how it affected the funding strategies of banks. This book assesses whether financial stability has been strengthened by the change in banks resolution policy with a focus on the bail-in. The book shows how banks changed their funding strategies, shrank their balance-sheets and relied more on deposits. The book will discuss inter-alia the mis-selling of bonds, which happened during 2012-2013, analysing whether the bond allocation changed after the bail-in launch. It discusses how the bail-in mechanism was deemed credible by equity holders and argues that the European case would have useful implications for third countries. Finally, the book relates this discussion to the possible collateral effects generated by the new resolution policy during and after the COVID-19 crisis, which will be of particular interest to researchers and policymakers in banking and financial institutions. Angela Maddaloni is Head of the Financial Intermediation Research Section in the Directorate General Research of the European Central Bank, where she has worked since 2001. Her research and policy interest cover a wide range of topics related to financial intermediation, macro-financial linkages, the transmission of monetary policy, credit and business cycles and the impact of financial regulation. Giulia Scardozzi is a temporary research fellow at University of Roma TRE, Italy. She received her PhD in December 2020 at University of Roma TorVergta, Italy. 001443135 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed December 16, 2021). 001443135 650_0 $$aBanks and banking$$zEuropean Union countries. 001443135 650_0 $$aBank failures$$xLaw and legislation$$zEuropean Union countries. 001443135 650_0 $$aBailouts (Government policy)$$zEuropean Union countries. 001443135 650_6 $$aRenflouement (Finances)$$zPays de l'Union européenne. 001443135 655_0 $$aElectronic books. 001443135 7001_ $$aScardozzi, Giulia,$$eauthor. 001443135 77608 $$iPrint version:$$aMaddaloni, Angela.$$tNew bail-in legislation.$$dBasingstoke : Palgrave Macmillan, 2021$$z9783030875596$$w(OCoLC)1272868353 001443135 830_0 $$aPalgrave Macmillan studies in banking and financial institutions. 001443135 852__ $$bebk 001443135 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-87560-2$$zOnline Access$$91397441.1 001443135 909CO $$ooai:library.usi.edu:1443135$$pGLOBAL_SET 001443135 980__ $$aBIB 001443135 980__ $$aEBOOK 001443135 982__ $$aEbook 001443135 983__ $$aOnline 001443135 994__ $$a92$$bISE