Closing a Failed Bank

Closing a Failed Bank
Author: Mr.David C. Parker
Publisher: International Monetary Fund
Total Pages: 244
Release: 2011-04-11
Genre: Business & Economics
ISBN: 161635027X

This manual addresses problem bank resolution from the time a bank is identified as being in financial trouble through intervention to liquidation. It comes with an interactive CD-Rom from which users can download and tailor documents to use in their own closing processes. The book draws on the author’s lengthy career as a bank liquidator for the Federal Deposit Insurance Corporation and Resolution Trust Corporation and his worldwide consulting experience with the IMF and other international organizations.

Failed Banks

Failed Banks
Author: United States. General Accounting Office
Publisher:
Total Pages: 72
Release: 1988
Genre: Bank failures
ISBN:

The Costs of Closing Failed Banks

The Costs of Closing Failed Banks
Author: Ari Choi Kang
Publisher:
Total Pages: 74
Release: 2014
Genre:
ISBN:

We estimate a dynamic model of the decision to close a troubled bank. Regulators trade off an aversion to closing banks against the risk that allowing a bank to continue will raise the eventual costs to the deposit insurance fund. Using a conditional choice probability approach, we estimate the costs associated with closing banks, both in direct costs to the insurance fund and in other costs perceived by regulators, either social or personal. We find that delayed closures were driven by a desire to defer costs, an aversion to closing the largest and smallest troubled banks, and political influence.

What Happens After Supervisory Intervention? Considering Bank Closure Options

What Happens After Supervisory Intervention? Considering Bank Closure Options
Author: Michael Andrews
Publisher: International Monetary Fund
Total Pages: 32
Release: 2003
Genre: Business & Economics
ISBN:

Closures have been used to resolve problem banks in many countries in a wide range of economic circumstances, yet banking supervisors frequently defer intervention and closure. Avoiding the costs of disruption is the principal argument in favor of extraordinary measures, such as the use of public funds for recapitalization or forbearance, as alternatives to closing insolvent banks. Well-planned and implemented closure options can preserve essential functions performed by failing banks, mitigating disruption. Extraordinary measures to avoid closure should generally be avoided, but may be used in a systemic crisis to preserve some portion of a widely insolvent banking sector.

Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks

Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks
Author: Robert L. Ramsey
Publisher: Kluwer Law International B.V.
Total Pages: 208
Release: 2000-07-04
Genre: Law
ISBN: 9041188487

There is a fundamental reason, the authors of this book contend, why national financial systems falter and collapse: the failure of central banks and other supervisory authorities to deal promptly and decisively with insolvent banks. In Preventing Financial Chaos, Ramsey and Head, both well-known to the international banking community for their restructuring services in developing and transitional economies, take a no-nonsense attitude and show exactly how to usher a problem bank out of the financial system in any country. Their clearly defined rules and procedures build disciplined, competent action that activates political will and successfully curtails systemic chaos. With this nuts-and-bolts guide, policymakers, legislators, central bank officials, and representatives of international financial institutions will be able to achieve the following: recognize, monitor and resolve bank failures; conduct timely and orderly closing of problem banks; and develop national legislation to prevent the spread of bank insolvency. The authors' firmly-held convictions about which choices should be made and why is sure to launch an important debate among lawyers, bankers and academics--a debate which will inevitably focus much-needed attention on one of the most urgent problems in today's interdependent world economic order.

Crisis and Response

Crisis and Response
Author: Federal Deposit Insurance Corporation
Publisher:
Total Pages:
Release: 2018-03-06
Genre:
ISBN: 9780966180817

Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.

Managing the Crisis

Managing the Crisis
Author:
Publisher:
Total Pages: 248
Release: 1998
Genre: Bank failures
ISBN:

Deals with the result of a study conducted by the FDIC on banking crisis of the 1980s and early 1990s. Examines the evolution of the processes used by FDIC and RTC to resolve banking problems, protect depositors and dispose of the assets of the failed institutions.

Closing of Freedom National Bank

Closing of Freedom National Bank
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance
Publisher:
Total Pages: 296
Release: 1991
Genre: Bank failures
ISBN: