The European Commission’s flagship initiative of the Capital Markets Union (CMU) aims to unlock funding for capital markets and find ways of linking investors and savers with gro
Will banks survive the age of digitalisation?
In this ECMI Policy Brief, Karel Lannoo observes that Brexit will have a big impact on the asset management industry for three reasons: 1) the passport will disappear for UK-lice
This paper presents the key findings reported in the 2016 ECMI Statistical Package, a comprehensive and up-to-date database compiled annually on the dynamics of European and glob
Following the European Commission’s public consultation on the Capital Markets Union (CMU), which it launched in January with a view to completing the midterm review of the CMU b
Contingent convertible capital (CoCo) is a debt instrument that converts to equity or is written off if the issuing bank fails to meet a distress threshold.
This study focuses on the crossroads between digitalisation and direct cross-border activity.
On top of the vulnerabilities stemming from the incompleteness of the economic and monetary union, the financial and sovereign debt crises showed not only that the ‘intensity’ bu
Early in December, in the context of the first edition of the “Invest Week” and in cooperation with Pensions Europe, ECMI staged an event on “Asset allocation in a low interest r
Venture capital can be a lifeline to innovative and growth-oriented start-ups and small businesses in need of external capital.
The European securitisation market experienced constant growth for almost a decade prior to the financial crisis, but it then plunged precipitously and has never fully recovered.
Capital markets in Europe currently lack the necessary depth, scale and integration to provide the funds for innovative firms to grow, thereby imposing a high cost on both firms