The bank insolvency framework in Poland should be modernized to ensure financial stability, maintain the continuity of …-established creditor hierarchy. Several country experiences in Europe and elsewhere have demonstrated the effectiveness of new bank … and revalue the balance sheet of the intervened bank. Other particularities of modern resolution procedures relate to …

This paper examines prediction of U.S. bank failure with a probit model that uses bias-corrected technical efficiency … significant for predicting bank failure. This measure of managerial quality allows more accurate prediction of failure than other … measures. The model successfully predicts bank failure one and two years prior to failure. …