Bank Restructuring and Resolution

2006. Auflage 2006
ISBN: 978-0-230-01900-3
Verlag: Palgrave MacMillan UK

Buch, Englisch, 391 Seiten, Format (B × H): 163 mm x 222 mm, Gewicht: 572 g

Reihe: Procyclicality of Financial Systems in Asia

Systemic financial crises have become a common feature of the global financial landscape. Resolution of such crises requires a complex mix of macroeconomic and financial sector policies, including the restructuring and resolution of problem banks. This volume outlines the theoretical insights that have been gained and the practical lessons learned.

Zielgruppe

Research

Autoren/Hrsg.

Hoelscher, David S

Inhaltsverzeichnis

PART I: OVERVIEW OF CRISIS RESOLUTION AND BANK RESTRUCTURING POLICIES The Resolution of Systemic Banking System Crises; S.Ingves & D.S.Hoelscher The Benefits and Costs of Intervening in Banking Crises; E.J.Frydl & M.G.Quintyn PART II: OPTIONS FOR BANK RESTRUCTURING Techniques of Bank Resolution; S.A.Seelig Issuing Government Bonds to Finance Bank Recapitalization and Restructuring: Design Factors that Affect Banks' Financial Performance; A.M.Andrews What Happens After Supervisory Intervention? Considering Bank Closure Options; A.M.Andrews & M.A.Josefsson Post-Resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises, Systemic Risk, and Too-Big-To-Fail; G.G.Kaufman & S.A.Seelig The IMF/World Bank Global Insolvency Initiative-Its Purpose and Principal Features; R.B.Leckow PART III: OPTIONS FOR ASSET MANAGEMENT Prudential Treatment of Restructured Loans; I.Song Issues in the Establishment of Asset Management Companies; S.Ingves, S.A.Seelig & D.He PART IV: COUNTRY EXPERIENCES From the Front Lines at Seoul Bank: Restructuring and Reprivatization; C.Kang The Banking Crises and Bank Resolution: Experiences in Some Transition Economies; C.A.Enoch, A-M.Gulde & D.C.Hardy Interventions in Banks during Banking Crises: The Experience of Indonesia; C.A.Enoch The Role of KAMCO in Resolving Nonperforming Loans in the Republic of Korea; D.He The Public Sector Recapitalization Program in Turkey; M.A.Josefsson

Über Autor(innen)

A. MICHAEL ANDREWS Head of Consultancy, A. Michael Andrews and Associates, USA
CHARLES A. ENOCH Deputy Director, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA
EDWARD J. FRYDL Senior Economist, Financial Systems Surveillance Division II, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA
ANNE-MARIE GULDE Advisor, African Department, International Monetary Fund (IMF), USA
DANIEL C. HARDY Deputy Division Chief, Financial Surveillance Policy Division, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA
DONG HE Division Head, External Department, Hong Kong Monetary Authority, Hong Kong
STEFAN INGVES Governor, The Riksbank, Sweden
MATS ARNE JOSEFSSON Advisor, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA
CHUNGWON KANG Former Visiting Scholar, International Monetary Fund (IMF), USA
GEORGE G. KAUFMAN Professor, School of Business, Loyola University, Chicago, USA
ROSS B. LECKOW Assistant General Council, International Monetary Fund (IMF), USA
MARC G. QUINTYN Advisor and Technical Assistance Area Chief, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA
STEVEN A. SEELIG Advisor, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA
INWON SONG Senior Financial Sector Expert, Financial Supervision and Regulation Division, Monetary and Financial Systems Department, International MonetaryFund (IMF), USA