عنوان

Who pays for bank insolvency? /

(Number (ISBN

140391740X

(Number (ISBN

9781403917409

Number

b795606

Title Proper

Who pays for bank insolvency? /

General Material Designation

[Book]

First Statement of Responsibility

[edited by] David G. Mayes and Aarno Liuksila with Thorsten Beck [and others].

Place of Publication, Distribution, etc.

New York :

Name of Publisher, Distributor, etc.

Palgrave Macmillan,

Date of Publication, Distribution, etc.

2004.

Specific Material Designation and Extent of Item

xiii, 390 pages :

Other Physical Details

illustrations ;

Dimensions

23 cm

Text of Note

Includes bibliographical references (pages 373-380) and index.

Text of Note

An overview of the issues / David G. Mayes -- The new approach to orderly bank exit : questions and answers / Aarno Liuksila -- Disclosures as a cure for Moral hazard : necessary but insufficient / Gary H. Stern -- The incentive-compatible design of deposit insurance and bank failure resolution : concepts and country studies / Thorsten Beck -- Small countries, large multi-country banks : a challenge to supervisors, the example of the Nordic-Baltic area / Jón Sigurosson -- The economic impact of insolvency law / Bethany Blowers and Gary Young -- Do bank exit regimes affect banking conditions / Peik Granlund -- A European approach to banking crises / Henk Brouwer, Gerbert Hebbink and Sandra Wesseling -- Avoiding a crisis : lessons from the Danish experience / Eigil Mølgaard -- Learning lessons and implementing a new approach to bank insolvency resolution in Switzerland / Eva H.G. Hüpkes -- Bank resolution policy and the organization of bank insolvency proceedings : critical dilemmas / Christos Hadjiemmanuil.

0

Text of Note

"In most countries taxpayers end up paying for bank failures and banking crises even though they are innocent of the cause. This book suggests how something can be done about this, so that problems can be resolved quickly when banks get into difficulties. Shareholders and uninsured creditors who are paid for taking risks would bear any losses. No one is worse off than under insolvency."

Text of Note

"Political pressures and the constraints of the legal system prevent suitable solutions in most countries outside the USA. The problem is particularly bad in Europe, where multinational banks are large compared with the size of the countries in which they operate. Coordination processes for solving problems in a hurry are inadequate. Banks may not be just 'too big to fail' but also 'too big to save' - a small country cannot afford the costs of remedial action alone."--Jacket.

Bank failures-- Government policy.

Banking law.

Banks and banking-- State supervision.

Intervention (Federal government)

Bank failures-- Government policy.

Bankenaufsicht.

Banking law.

Banks and banking-- State supervision.

Banque.

Contrôle de l'État.

Droit bancaire.

Faillite.

Insolvabilité

Intervention (Federal government)

Intervention de l'État.

Kongress.

Politique gouvernementale.

Rechtsvergleich.

Number

Edition

Class number

Book number

Class number

Class number

System Code

System Code

Liuksila, Aarno.

Mayes, David G.

Date of Transaction

20201207083646.0

Electronic name

[Book]

Y