Narrow search
Showing 71 - 80 of 67,113
Cover Image
Too complex to work : a critical assessment of the bail-in tool under the European bank recovery and resolution regime
Tröger, Tobias - 2017 - This version: September 4, 2017
This paper analyzes the bail-in tool under the Bank Recovery and Resolution Directive (BRRD) and predicts that it will … avoidable embeddedness of the BRRD’s bail-in tool in the much broader resolution process, which entails ample discretion of the … under the minimum requirements for own funds and eligible liabilities (MREL) is preferable. Finally, this paper synthesized …
Persistent link: https://www.econbiz.de/10011720764
Cover Image
Too complex to work : a critical assessment of the bail-in tool under the European bank recovery and resolution regime
Tröger, Tobias - 2017
This paper analyses the bail-in tool under the BRRD and predicts that it will not reach its policy objective. To make … through risk-reflecting prices for bank capital. The main reason for this lies in the avoidable embeddedness of the BRRD …
Persistent link: https://www.econbiz.de/10011711663
Cover Image
When trust is not enough: Bank resolution, SPE, Ring-fencing and group support
Dewatripont, Mathias; Montigny, Marie; Nguyen, Grégory - 2021
This discussion paper investigates the differences existing between the Single Point of Entry and the Multiple Point of Entry resolution models and links this question to the issue of support that bank subsidiaries can expect from their parent companies both in resolution and in normal...
Persistent link: https://www.econbiz.de/10013198550
Cover Image
When trust is not enough: bank resolution, SPE, ring‑fencing and group support
Dewatripont, Mathias; Montigny, Marie; Nguyen, Grégory - 2021
This discussion paper investigates the differences existing between the Single Point of Entry and the Multiple Point of Entry resolution models and links this question to the issue of support that bank subsidiaries can expect from their parent companies both in resolution and in normal...
Persistent link: https://www.econbiz.de/10012605315
Cover Image
A macro approach to international bank resolution
Schoenmaker, Dirk - 2017
In the aftermath of the Great Financial Crisis, regulators have rushed to strengthen banking supervision and implement bank resolution regimes. While such resolution regimes are welcome to reintroduce market discipline and reduce the reliance on taxpayer-funded bailouts, the effects on the wider...
Persistent link: https://www.econbiz.de/10011984839
Cover Image
Optimal timing of policy interventions in troubled banks
König, Philipp Johann; Mayer, Paul; Pothier, David - 2022
We analyze the problem of a policy authority (PA) that must decide when to resolve a troubled bank whose underlying solvency is uncertain. Delaying resolution increases the chance that information arrives that reveals the bank's true solvency state. However, delaying resolution also gives...
Persistent link: https://www.econbiz.de/10013168552
Cover Image
Measuring the impact of a bank failure on the real economy: An EU-wide analytical framework
Vacca, Valerio Paolo; Bichlmeier, Fabian; Biraschi, Paolo; … - 2021
The crisis management framework for banks in the European Union (EU) requires the resolution authorities to identify the existence of a public interest to resolve an ailing bank, rather than to open normal insolvency proceedings (NIPs). The Public Interest Assessment (PIA) determines whether...
Persistent link: https://www.econbiz.de/10012653459
Cover Image
Twelve Years after the Financial Crisis – Too-big-to-fail is still with us. Comments on the Financial Stability Board's Consultation Report 'Evaluation of the Effects of Too-big-to...
Hellwig, Martin - 2020
The paper contains comments made on the Financial Stability Board's (FSB) Consultation Report concerning the success of regulatory reforms since the global financial crisis of 2007-2009. According to these comments, the FSB's assessment of the role of equity is too narrow, being phrased in terms...
Persistent link: https://www.econbiz.de/10012434965
Cover Image
Optimal timing of policy interventions in troubled banks
König, Philipp Johann; Mayer, Paul; Pothier, David - 2022
We analyze the problem of a policy authority (PA) that must decide when to resolve a troubled bank whose underlying solvency is uncertain. Delaying resolution increases the chance that information arrives that reveals the bank's true solvency state. However, delaying resolution also gives...
Persistent link: https://www.econbiz.de/10013166630
Cover Image
Measuring the impact of a bank failure on the real economy : an EU-wide analytical framework
Vacca, Valerio Paolo; Bichlmeier, Fabian; Biraschi, Paolo; … - 2021
The crisis management framework for banks in the European Union (EU) requires the resolution authorities to identify the existence of a public interest to resolve an ailing bank, rather than to open normal insolvency proceedings (NIPs). The Public Interest Assessment (PIA) determines whether...
Persistent link: https://www.econbiz.de/10012550336