Optimal Bank Recovery /

Banks' living wills involve both recovery and resolution. Since it may not always be clear when recovery plans or actions should be triggered, there is a role for an objective metric to trigger recovery. We outline how such a metric could be constructed meeting criteria of (i) adequate loss abs...

Full description

Bibliographic Details
Main Author: Goodhart, C.
Other Authors: Segoviano, Miguel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/217
Online Access:Full text available on IMF