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financial effects of that year. In the process, bank business has been laid open to intense public and government scrutiny, and … regulation of banking has grown to spectacular proportions. Prominent among the measures taken is the EU Bank Recovery and …
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This paper examines the quality of credit ratings assigned to banks in Europe and the United States by the three largest rating agencies over the past two decades. We interpret credit ratings as relative assessments of creditworthiness, and define a new ordinal metric of rating error based on...
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Introduction -- Bank resolution techniques -- Bank resolution and bank groups -- Total loss absorbing capactiy … -- Fundamentals of resolution authority -- Resolution of insured depoditory institutions -- Resolution of non-bank financial companies …
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