The adoption of the “Bank ... …

equity returns of key events associated with the two cornerstones of the European bail-in regime, the Bank Recovery … & Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRM-R), and other relevant events. Contrary to the … regulations’ objectives, we find that regulatory events associated with the implementation of BRRD and SRM-R led to tighter CDS …

of bank crisis management. Bail-in enables a country’s banking authorities to force a failing bank’s immediate … banking authorities of the Member States can apply for the resolution of failing banks in accordance to the Bank Recovery and … Resolution Directive (BRRD). For the majority of Member States belonging to the euro area and its Banking Union, however, an …

We investigate whether the bank crisis management framework of the European banking union can effectively bar the … detrimental influence of national interests in cross-border bank failures. We find that both the internal governance structure and … authorities in charge of bank crisis management to operate autonomously and achieve socially optimal outcomes beyond national …

effective approaches in tackling bank solvency during a systemic crisis. One of the most common and also effective methods has … results for the taxpayer. Contemporary consensus as regards tackling bank solvency during a systemic financial crisis focuses … dogmatic focus on preventing public financial support in the context of a systemic bank solvency crisis may place …