Bank Failure and Resolution in the EU : Lessons for the Crisis Management and Deposit Insurance Framework

Sebastian Royo

ISBN 10: 1041219504 / ISBN 13: 9781041219507

Edité par Taylor & Francis Aug 2026, 2026

A propos de cet article

Neuware - Financial crises are recurring events that expose weaknesses in risk management, regulation, and supervision. The 2008 financial crisis demonstrated the systemic nature of banking crises and the high cost of taxpayer-funded bailouts, leading policymakers to reform crisis-management frameworks. In the European Union (EU), these reforms included the Banking Union and the Bank Recovery and Resolution Directive (BRRD), which aimed to reduce reliance on public funds and address the 'Too Big to Fail' (TBTF) problem. However, the framework has proven less effective for small and medium-sized banks, and recent stress episodes have revealed some inefficiencies, prompting further reforms through the Crisis Management and Deposit Insurance (CMDI) directive.This book examines lessons from past bank failures and evaluates the effectiveness of the EU's post-2008 resolution regime. It combines conceptual analyses with empirical case studies from Europe and the United States, exploring systemic risk, the TBTF dilemma, and the practical challenges of resolution. The cases highlight successes, controversies, and persistent weaknesses, such as liquidity provision, deposit-insurance fragmentation, and the treatment of smaller banks. Overall, the volume argues that although significant progress has been made, bank resolution remains a complex political and institutional challenge, and further reforms are needed to ensure a credible and effective framework for both large and smaller banks.The book is aimed at scholars, researchers and advanced students in the banking, finance and regulatory economics community, as well as regulators, policy makers and professionals working in central banks, supervision authorities, resolution agencies and deposit guarantee schemes.

N° de réf. du vendeur 9781041219507

Détails bibliographiques

• Titre: Bank Failure and Resolution in the EU : Lessons for the Crisis Management and Deposit Insurance Framework
• Éditeur: Taylor & Francis Aug 2026
• Date de parution: 2026
• Langue: anglais
• ISBN à 10 chiffres: 1041219504
• ISBN à 13 chiffres: 9781041219507
• Reliure: Buch
• État de l'article: Neu
• Dimensions: 234 L x 156 H x 16 P (en millimètres) 234 millimètres de largeur par 156 millimètres de hauteur par 16 millimètres de profondeur
• Poids: 540 grammes

A propos de ce titre

Synopsis

Financial crises are recurring events that expose weaknesses in risk management, regulation, and supervision. The 2008 financial crisis demonstrated the systemic nature of banking crises and the high cost of taxpayer-funded bailouts, leading policymakers to reform crisis-management frameworks. In the European Union (EU), these reforms included the Banking Union and the Bank Recovery and Resolution Directive (BRRD), which aimed to reduce reliance on public funds and address the “Too Big to Fail” (TBTF) problem. However, the framework has proven less effective for small and medium-sized banks, and recent stress episodes have revealed some inefficiencies, prompting further reforms through the Crisis Management and Deposit Insurance (CMDI) directive.

This book examines lessons from past bank failures and evaluates the effectiveness of the EU’s post-2008 resolution regime. It combines conceptual analyses with empirical case studies from Europe and the United States, exploring systemic risk, the TBTF dilemma, and the practical challenges of resolution. The cases highlight successes, controversies, and persistent weaknesses, such as liquidity provision, deposit-insurance fragmentation, and the treatment of smaller banks. Overall, the volume argues that although significant progress has been made, bank resolution remains a complex political and institutional challenge, and further reforms are needed to ensure a credible and effective framework for both large and smaller banks.

The book is aimed at scholars, researchers and advanced students in the banking, finance and regulatory economics community, as well as regulators, policy makers and professionals working in central banks, supervision authorities, resolution agencies and deposit guarantee schemes.

À propos de l'auteur

Sebastián Royo is a Professor of Political Science in the Department of Political Science at Clark University in Worcester, MA, USA.

Ewa Miklaszewska is a Professor of Finance and the Chair of the Department of Banking and Global Financial System at Cracow University of Economics, Poland.

Giovanni Ferri is a Professor of Economics at LUMSA University of Rome, Italy.