000			01585cam a2200157 4500500
005			20251012014416.0
041			_afre
042			_adc
100	1	0	_aAucoin, Alban _eauthor
245	0	0	_aThe Role of the Banking Sector in Collecting and Investing Savings
260			_c2025.
500			_a58
520			_aFor many years, the Capital Markets Union has been a hot topic in Europe, yet little progress has been made. European savings are abundant, but poorly allocated, frequently directed towards liquid and risk-free investments, and, partially, financing the rest of the world. The investment needs of sectors like sustainable transition and artificial intelligence are huge, yet savings and investments are poorly aligned. Initiatives such as the Retail Investment Strategy (RIS) lack a comprehensive vision and are plagued with bureaucracy. The Basel III and Solvency II regulations discourage institutions from investing in equities. The profitability of European companies is stagnant, which does not attract savings. To break this vicious circle, viable projects must be encouraged and regulatory complexities reduced. The banking sector plays a crucial role in linking savings and investments, but cannot solve this problem alone; the impetus should come from government authorities with a long-term strategic vision. JEL classification: E71, G11, G21, G28.
786	0		_nRevue d'économie financière | 158 | 2 | 2025-07-09 | p. 197-207 | 0987-3368
856	4	1	_uhttps://shs.cairn.info/journal-revue-deconomie-financiere-2025-2-page-197?lang=en&redirect-ssocas=7080
999			_c1531037 _d1531037