IDEAS home Printed from https://ideas.repec.org/h/pal/pmschp/978-3-030-45752-5_3.html
   My bibliography  Save this book chapter

Analyzing Policy Options in the Resolution of Systemically Important Banks: Comparing the “Bailout” and “Bail-In” Tool in Selected Case Studies

In: Banking and Beyond

Author

Listed:
  • Ewa Miklaszewska

    (Cracow University of Economics)

  • Jan Pys

    (Cracow University of Economics)

Abstract

The global financial crisis brought an unprecedented increase in public spending, which helped to stabilize the banking sector, but in many countries changed the market structure, incentives to take risks, cost of capital and competitive conditions. The post-crisis new resolution framework was motivated by the need to limit and control public spending, but its implementation showed a mixed picture. Thus, the aim of this chapter was to compare different restructuring and resolution programs for large banks, based on selected case studies. For the bailout tool, Deutsche Bank, the ING Group and the Royal Bank of Scotland (RBS) are compared. Then, selected resolution cases led by the Single Resolution Board (SRB) and the National Resolution Authorities (NRA) are compared, with an aim to analyze how successful was the restructuring of large banks under the bailout and bail-in regimes.

Suggested Citation

  • Ewa Miklaszewska & Jan Pys, 2020. "Analyzing Policy Options in the Resolution of Systemically Important Banks: Comparing the “Bailout” and “Bail-In” Tool in Selected Case Studies," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Caterina Cruciani & Gloria Gardenal & Elisa Cavezzali (ed.), Banking and Beyond, chapter 0, pages 27-48, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-3-030-45752-5_3
    DOI: 10.1007/978-3-030-45752-5_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pmschp:978-3-030-45752-5_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.