Skip to main content Accessibility help
×
  1. Home
  2. Books
  3. The Future of Financial Regulation
  • Cited by 3
      • Show more authors
      • You may already have access via personal or institutional login
    • Select format
    • Publisher:
      Cambridge University Press
      Publication date:
      05 February 2016
      11 February 2016
      ISBN:
      9781316227282
      9781107106857
      9781107514508
      DOI:
      https://doi.org/10.1017/CBO9781316227282
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.96kg, 598 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.85kg, 594 Pages
      • Subjects:
      Economics, Political Economy, Finance and Accountancy, Politics and International Relations
    You may already have access via personal or institutional login
    • Selected: Digital
    Add to cart View cart Buy from Cambridge.org
    Subjects:
    Economics, Political Economy, Finance and Accountancy, Politics and International Relations
    Information

    Book description

    A number of changes have been made to the supervision and regulation of banks as a result of the recent financial meltdown. Some are for the better, such as the Basel III rules for increasing the quality and quantity of capital in banks, but legal changes on both sides of the Atlantic now make it much more difficult to resolve failing banks by means of taxpayer funded bail-outs and could hinder bank resolution in future financial crises. In this book, Johan A. Lybeck uses case studies from Europe and the United States to examine and grade a number of bank resolutions in the last financial crisis and establish which were successful, which failed, and why. Using in-depth analysis of recent legislation, he explains how a bank resolution can be successful, and emphasizes the need for taxpayer-funded bail-outs to create a viable banking system that will promote economic and financial stability.

    Reviews

    ‘This book offers a deep dive into the issue of how to handle failing banks. The topic is important for understanding recent events in the US, current events in Europe, and much of what we will experience in the future. The author’s main contribution is to provide detailed and well-researched case studies of what happened in particular banks - some of which experienced various forms of bailout, while others (or their investors) were subject to various kinds of bail-ins.’

    Simon Johnson - Ronald A. Kurtz (1954) Professor of Entrepreneurship, MIT Sloan School of Management

    ‘Whatever opinion one holds on the author’s view about the relative merits of bailing in or bailing out, this book makes a major contribution through its long chronology of events in the global financial crisis and its extensive set of case studies of the treatment of bank problems in that period. Other books exist which look at single countries, primarily the US, but there is no equivalent which considers the problems in both the US and Europe so thoroughly.’

    David Mayes - University of Auckland Business School

    Refine List

    Actions for selected content:

    Select all | Deselect all
    • View selected items
    • Export citations
    • Download PDF (zip)
    • Save to Kindle
    • Save to Dropbox
    • Save to Google Drive

    Save Search

    You can save your searches here and later view and run them again in "My saved searches".

    Please provide a title, maximum of 40 characters.
    Cancel
    ×

    Contents

    Page 1 of 2

    Contents

    Page 1 of 2

    Metrics

    Altmetric attention score

    Full text views

    Total number of HTML views: 0
    Total number of PDF views: 0 *
    Loading metrics...

    Book summary page views

    Total views: 0 *
    Loading metrics...

    * Views captured on Cambridge Core between #date#. This data will be updated every 24 hours.

    Usage data cannot currently be displayed.

    Accessibility standard: Unknown

    Why this information is here

    This section outlines the accessibility features of this content - including support for screen readers, full keyboard navigation and high-contrast display options. This may not be relevant for you.

    Accessibility Information

    Accessibility compliance for the PDF of this book is currently unknown and may be updated in the future.