In September 2012, the European Commission proposed a single supervisory mechanism (SSM) for banks as a preliminary step towards a European banking union. Plans for the union continue this week, as European Union leaders meet in Brussels to set new rules regarding how future bank bailouts will be paid for.
Earlier this year, I attended the Future of the Euro Conference at UC Berkeley. One of the conference panels was about banking unions. The panelists all draw upon economic history to discuss the possible future of a European banking union. Here are videos of their talks: