. Furthermore, the government has since taken substantial equity stakes in several other British banks as part of a general re … ever and in the US much larger and more significant banks have failed. On the face of it, therefore, the Northern Rock …

. Furthermore, the government has since taken substantial equity stakes in several other British banks as part of a general re … ever and in the US much larger and more significant banks have failed. On the face of it, therefore, the Northern Rock … institutional architecture in the United Kingdom and most especially with regard to insolvency arrangements for banks and the …

Within the current theoretical literature it has been established that banks tend to maintain the regulatory capital …) regulations. Prior studies on UK banks have revealed that capital has been maintained by issuing equity rather than through the …, the approach adopted by UK banks might have changed. Thus, this paper presents an empirical research on how UK banks …