: “Separate the casino from the utility bank”; “Protect the taxpayer; bail-in the bank creditor”; “Moral hazard is ever present …

This paper develops a new approach for conceptualizing and measuring the risk associated with bank failure. The price …), representing the price of the financial risk that exists ex-ante (ie, before a bank fails). This can be interpreted as the cost …. If that were to happen, and if net losses were to be 5-10 per cent of bank liabilities the total cost could be $16 …

the bail-in tool provides the most efficient crisis resolution mechanism. Under no circumstances do taxpayer-funded bail-out …

This paper evaluates the optimal bail-out and bail-in mix in the case of bankruptcy of Banco Espírito Santo (BES), SA …, the second largest Portuguese private bank. The solution after the crisis of the BES, was to partition the bank into a … good bank (Novo Banco (New Bank)) and keep the toxic assets and problematic ones in a bad bank, the old BES bank, which …

wurde, hat sich während der Finanzkrise nicht erfüllt. Viel zu häufig ist Bail-out an die Stelle von Bail-in getreten und …The goal of unifying ownership and liability was addressed by the no-bailout principle as part of the introduction of … Einheit von Eigentum und Haftung, dem bei der Einführung des Euro unter anderem durch das No-Bailout-Prinzip Rechnung getragen …

A rapidly growing empirical literature is studying the causes and consequences of bank fragility in present …

different model specifications, the banking industry is either a monopoly bank or a competitive banking industry. If the nominal … under competition than under monopoly. However, this apparent advantage of the monopoly bank is due strictly to the fact …