Making bank resolution credible

Financial difficulties at large financial institutions present governments and regulators with an unenviable dilemma. On the one hand, they are afraid to permit such a firm to enter ‘ordinary’ insolvency proceedings, lest this transmit financial shock to other, connected, institutions. Yet every vot...

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Bibliografiske detaljer
Hovedforfatter: Armour, J
Andre forfattere: Moloney, N
Format: Book section
Sprog:English
Udgivet: Oxford University Press 2015