Iwasa, Yoichi; Vollmer, Uwe - In: Credit and Capital Markets – Kredit und Kapital 50 (2017) 4, pp. 509-543
In many countries, legislators have introduced special bank resolution regimes in order to handle the "too-big-to-fail"-(TBTF)-problem. Bank resolution schemes allow supervisors to restructure or liquidate an ailing bank, even without the consent of the bank owners. We identify key elements of...