byexploring the experiences of Argentina and Mexico—two markets that exhibit a significant degree and duration offoreign bank …

failedbank without necessarily finding a sound receiving bank beforehand. LTCB was nationalized under the FinancialReconstruction … Deposit Insurance Corporation (DIC)in order to maintain the franchise value of the bank and toclean up its balance sheet …. Throughout the temporarynationalization, until a sound receiving financial institutionis found, the bank continues to provide its …

the actions of the central bank and the real economy.That is, the monetary transmission mechanism of thecountries in the … euro area will change, making the job ofthe new European Central Bank even more difficult thanit is already. But how …

incentivesof bank managers toward assuming greater risk inan effort to maintain former profit levels. For example,banks might make …