Safe to Fail

How Resolution Will Revolutionise Banking
1. Auflage 2014
ISBN: 978-1-349-48060-9
Verlag: Palgrave Macmillan UK

Buch, Englisch, 230 Seiten, Paperback, Format (B × H): 140 mm x 216 mm, Gewicht: 298 g

Banks are entering a new environment. Regulation and supervision are becoming tougher, so that banks will be less likely to fail. If a bank does fail, bail-in rather than bail-out will be the new resolution regime, so that investors, not taxpayers, bear loss. Safe to Fail sums up the challenges that banks will face and how they can meet them.

Zielgruppe

Research

Autoren/Hrsg.

Huertas, T.

Fachgebiete

• Interdisziplinäres Wissenschaften Wissenschaften: Forschung und Information Risikobewertung, Risikotheorie
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Rechtswissenschaften Wirtschaftsrecht Handels- und Gesellschaftsrecht Handelsrecht, HGB, Handelsvertreter- und -maklerrecht
• Wirtschaftswissenschaften Betriebswirtschaft Management
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie

Inhaltsverzeichnis

Introduction: Resolvability Will Determine the Future of Banking 1. Too Big to Fail is Too Costly to Continue 2. Less Likely to Fail: Strengthening Regulation 3. Less Likely to Fail: Sharpening Supervision 4. Safe to Fail 5. Setting up for Success Conclusion: Is Basel Best?

Über Autor(innen)

Thomas F. Huertas is Partner in the Financial Services Risk Practice at Ernst & Young, where he advises major financial institutions on risk, regulatory and strategic issues. He was formerly Alternate Chair of the European Banking Authority, a member of the Basel Committee on Banking Supervision and a Member of the Executive Committee at the UK FSA. Prior to joining the FSA, Dr. Huertas held a number of senior positions at a major global bank in North America and Europe. He is an Adjunct Professor at the Institute of Law and Finance at the Johann Wolfgang von Goethe University in Frankfurt and a member of the Financial Markets Group at the London School of Economics. He holds a Ph.D. in Economics from the University of Chicago. He has written extensively on banking issues, including his book, Crisis: Cause, Containment and Cure published by Palgrave Macmillan.