Bank Restructuring and Resolution
Publisher: Palgrave Macmillan
Published: December 12, 2006
Language: eng
Format: Hardcover
Number of pages: 416
ISBN-13: 9780230019003
Subjects: Banking; Banks And Banking; Risk And Insurance Administration; Business & Economics; Business / Economics / Finance; Business/Economics; Banks & Banking; Business & Economics / Banks & Banking; Insurance - Risk Assessment & Management; Money & Monetary Policy; Bank failures; Bank management; Case studies; Crisis management
Description: Systemic financial crises have become a common albeit infrequent feature of the global financial landscape. Since 1980, nearly every country has been affected by serious financial distress or systemic financial crises. Resolution of such crises requires a complex mix of macroeconomic and financial sector policies. One important element in the resolution of such crises is the restructuring and resolution of problem banks, with considerable experience gained in this area in the past decade. This volume outlines the theoretical insights that have been gained and the practical lessons learned. Featured contributors have been directly involved in the practical resolution of failed banks and bring to this work a deep udnerstanding of the complexity of resolving weak or failed institutions. Subjects addressed include systemic crisis resolution, options on the techniques for bank restrucuring, and case studies describing country specific practices.