This paper tests the role of different banks' liquidity funding structures in explaining the banks' failures, which … explaining banks' probability of default. By confirming the role of funding as the driver of banking crisis, the paper also … to strenghten banks' liquidity conditions and improve financial stability. Its correct implementation together with …

Interventions in banks are often an integral element of a government’s program for addressing a systemic banking crisis …. Interventions may be warranted because the banks are deeply insolvent or riddled with fraud; they may be requiring substantial … banks in a systemic crisis. …

for official financial support to stem systemic crisis is appropriate. The current framework for resolving ailing banks in … going could be strengthened considerably. The framework for the orderly liquidation of banks could be strengthened and fine …