Banks are entering a new environment. Regulation and supervision are becoming tougher, so that banks will be less likely to fail. If a bank does fail, bail-in rather than bail-out will be the new resolution regime, so that investors, not taxpayers, bear loss. Safe to Fail sums up the challenges that banks will face and how they can meet them.
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Product Details
Dimensions: 140 x 216mm
Publication Date: 26 Jun 2014
Publisher: Palgrave Macmillan
Publication City/Country: United Kingdom
Language: English
ISBN13: 9781137383648
About T. Huertas
Thomas F. Huertas is Partner in the Financial Services Risk Practice at Ernst & Young where he advises major financial institutions on risk regulatory and strategic issues. He was formerly Alternate Chair of the European Banking Authority a member of the Basel Committee on Banking Supervision and a Member of the Executive Committee at the UK FSA. Prior to joining the FSA Dr. Huertas held a number of senior positions at a major global bank in North America and Europe. He is an Adjunct Professor at the Institute of Law and Finance at the Johann Wolfgang von Goethe University in Frankfurt and a member of the Financial Markets Group at the London School of Economics. He holds a Ph.D. in Economics from the University of Chicago. He has written extensively on banking issues including his book Crisis: Cause Containment and Cure published by Palgrave Macmillan.