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...

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Xehetasun bibliografikoak
Egile nagusia: Goodhart, C.
Beste egile batzuk: Segoviano, Miguel
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/217
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Goodhart, C. 
245 1 0 |a Optimal Bank Recovery /  |c C. Goodhart, Miguel Segoviano. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2015. 
300 |a 1 online resource (41 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 absorption; (ii) distinguishing between weak and sound banks; (iii) little susceptibility to manipulation; (iv) timeliness; (v) scalable from the individual bank to the system. We show how this would have worked in the U.K., during 2007-11. This approach has the added advantage that it could be extended to encompass a whole ladder of sanctions of increasing severity as capital erodes. 
538 |a Mode of access: Internet 
700 1 |a Segoviano, Miguel. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2015/217 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2015/217/001.2015.issue-217-en.xml  |z IMF e-Library