. Key questions arise: What causes bank failures? What drives these failures? Can we avoid a banking crisis? What happens … when a bank fails? This book explores the causes, consequences, and potential prevention of banking crises. It begins by … risk monitoring by bank directors. The final chapter illustrates the process of bank resolution and the evolving strategies …

reality of it. It argues that within the banking sector exist two new agency costs (i.e., bank depositors and shareholders vs …. directors and bank depositors vs. shareholders and directors). These agency problems are difficult to reduce for two reasons …