soon as a bank in a cross-border banking group falls below the minimum capital standard. Finally, the paper analyzes the … coordination measures that should be implemented if PCA requires the bank to be resolved. …

This paper analyzes the determinants of bank acquisitions both within and across 25 members of the European Union (EU …

unused bank credit lines) take trade credit for a liquidation motive; (2) the reliance on trade credit does not depend on the …

the seminar participants at Bar-Ilan University, Ben-Gurion University, European Central Bank, Emory University … of the European Central Bank in Frankfurt, where Daniel Levy was a visiting scholar. He gratefully acknowledges the Bank …

This paper examines the Swedish record of competition in the supply of bank notes in the 19th century. Between 1831 and … with the notes of the Riksbank, the bank owned by the Riksdag, the Swedish parliament. The private banks turned out to be … of an overissue of notes or of runs by the public on private note banks occurred. No private bank failed to redeem its …

propose four principles to ensure the efficient resolution of bank failures, should they occur, with minimum, if any, credit … provisions in the single banking license available to banks in the EU. In return for the privilege of such a license, the bank …

This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those … directed first at closing institutions promptly, reforming bankruptcy statutes to admit special procedures for handling bank …