"Everybody has a plan until he gets punched in the mouth.” Jaime Ponce, president of Spain’s Executive Resolution Authority (FROB), may have been quoting former boxer Mike Tyson when he made this ...
The Federal Deposit Insurance Corp. on Friday said it’s made changes to its approach to large bank resolution planning, including scrapping the requirement for banks to use bridge bank strategies.
If plans are made to provide liquidity support, liquidate or merge finance companies, such actions will be implemented in accordance with the ordinance.
"Bank-specific insolvency proceedings have been adopted in the U.S. and other G20 nations to prevent future taxpayer-funded bank bailouts," writes Virág Blazsek, a lecturer at the University of Leeds ...
The EU banking framework applies to all banks, other credit institutions and investment firms operating within the EU. Its aim is to ensure stability and integrity while maintaining public confidence ...
Nearly every time Europe’s Bank Recovery and Resolution Directive is called into play, there seems to be a new justification for using public money. “There’s no need for more evidence: bail-in debt ...
The fate of Spain's Banco Popular was something that rather fell below most peoples' radar screens--other than those of the shareholders in the troubled bank that is. It's all happened really rather ...
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...
that would promote what he and others are calling "responsible banking." The idea, to allow local governments in Oregon to invest more than $250,000 in credit unions, gained urgency during the Occupy ...