Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and … for public finances. Regimes for the restructuring and resolution of banks, financed by bank levies and fiscal backstops …, seek to reduce these costs. Bank levies attempt to internalize systemic risk and to increase the costs of leverage. This …

architecture : status quo -- Central bank and monetary policy -- Regulating wealth management products -- The logic (or illogic) of …

bank lending is consistently associated with positive long-term outcomes-newly public firms that borrow experience …