Bail-ins and Bank Resolution in Europe: A Progress Report
Thomas Philippon, Aude Salord22 March 2017
The 4th Special Report in the Geneva Reports on the World Economy series reviews the current status of bail-ins and bank resolution in Europe. It provides a critical comparison of the US and EU bank resolution rules, examines European banking failures, and makes a number of policy recommendations concerning governance, stress testing, cross-border issues and resolution of financial contracts.