7  Examinations typically occur annually but may take place more or less frequently depending on the size and condition of the banking organization. The Federal Reserve maintains a full-time, on-site presence at the largest banking organizations.
During the crisis, this has become more attractive still. The share of euro-area sovereign bonds in total bank assets in the eurozone increased over the past five years by one-third – from 4 per cent to 5.3. And in most countries the home bias, which decreased over the first decade of monetary union, increased again during the crisis.