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Understanding bank recovery and resolution in the EU : a guidebook to the BRRD (English)

The 2007 financial crisis has exposed major weaknesses in global financial systems, including the threat to financial stability posed by banks that were too big, interconnected and complex to be closed or go bankrupt. As a result, many banks have been rescued using public support, allowing for an uninterrupted provision of their services, but effectively shifting (most) of their losses to taxpayers instead of banks’ owners or investors. The political...
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  • 2016/12/12

  • 112266

  • 1

  • 1

  • Europe and Central Asia,

  • Europe and Central Asia,

  • 2017/04/18

  • Disclosed

  • Understanding bank recovery and resolution in the EU : a guidebook to the BRRD

  • Federal Ministry of Finance

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Lintner,Pamela; Lincoln Nagy,Marie Anne Johanna; Pyziak,Piotr; Godwin,Andrew John; Schroeder,Susan Caroline; Irsalieva,Nurgul.

Understanding bank recovery and resolution in the EU : a guidebook to the BRRD (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/100781485375368909

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