As regulators rush to strengthen banking supervision and implement bank resolution regimes, a macro approach to resolution is needed that considers both the contagion effects of bail-in and the continuing need for a fiscal backstop to the financial system. This can be facilitated through the completion of a banking union in which the European Stability Mechanism (ESM) becomes the fiscal backstop to the euro-area banking system
During the global financial crisis and subsequent euro-debt crisis, the fiscal resources of some cou...
Since 2010 most Group of Twenty (G20) jurisdictions have introduced new recovery and resolution regi...
In October 2010, having drawn crucial lessons fom the Financial Crisis which was triggered in 2007, ...
markdownabstractIn the aftermath of the Great Financial Crisis, regulators have rushed to strengthen...
Following the financial crisis, the question of how to handle a big bank’s collapse has come to the ...
The deep involvement of a number of euro-area banking groups in central and southeastern Europe has ...
The euro area sovereign debt crisis has been exacerbated by an on-going banking problem and the sove...
The deep involvement of a number of euro-area banking groups in central and southeastern Europe has ...
The options available to European governments to respond to a multinational bank in financial troubl...
In early 2012, the Spanish state came under strong market pressure due to its engagement in round af...
The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution frame...
The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution frame...
The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution frame...
Many countries used public funds to bail out struggling banks at the onset of the financial crisis. ...
During the global financial crisis and subsequent euro-debt crisis, the fiscal resources of some cou...
During the global financial crisis and subsequent euro-debt crisis, the fiscal resources of some cou...
Since 2010 most Group of Twenty (G20) jurisdictions have introduced new recovery and resolution regi...
In October 2010, having drawn crucial lessons fom the Financial Crisis which was triggered in 2007, ...
markdownabstractIn the aftermath of the Great Financial Crisis, regulators have rushed to strengthen...
Following the financial crisis, the question of how to handle a big bank’s collapse has come to the ...
The deep involvement of a number of euro-area banking groups in central and southeastern Europe has ...
The euro area sovereign debt crisis has been exacerbated by an on-going banking problem and the sove...
The deep involvement of a number of euro-area banking groups in central and southeastern Europe has ...
The options available to European governments to respond to a multinational bank in financial troubl...
In early 2012, the Spanish state came under strong market pressure due to its engagement in round af...
The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution frame...
The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution frame...
The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution frame...
Many countries used public funds to bail out struggling banks at the onset of the financial crisis. ...
During the global financial crisis and subsequent euro-debt crisis, the fiscal resources of some cou...
During the global financial crisis and subsequent euro-debt crisis, the fiscal resources of some cou...
Since 2010 most Group of Twenty (G20) jurisdictions have introduced new recovery and resolution regi...
In October 2010, having drawn crucial lessons fom the Financial Crisis which was triggered in 2007, ...