The Spanish financial industry at the start of 21st century: Current situation and future challenges

Xavier Vives

Chapter 11 in The Spanish financial System, 2012, pp 383-423 from Palgrave Macmillan

Abstract: Abstract The early years of the 21st century have been a turbulent time in the financial world. The turmoil unleashed by the bursting of the United States housing bubble and the sub-prime mortgage crisis was undoubtedly the severest financial crisis since the 1930’s. The scale of the crisis has highlighted weaknesses in the financial system and its regulation and represents a watershed affecting both banking business models and the regulation of the system. This chapter focuses on the banking sector, which forms the central plank of the Spanish financial system.

Keywords: Corporate Governance; Euro Area; Banking Sector; Credit Union; Saving Bank (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36114-0_12

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DOI: 10.1057/9780230361140_12

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