Banking on a crisis and on its resolution

Schich, Sebastian
May 2011
OECD Observer;May2011, Issue 284, p12
Academic Journal
The article discusses the implication of the financial crisis on the banking sector in various countries and offers information on resolutions being made to overcome financial hurdles. It mentions that governments have learned their lessons from the global financial crisis in 2008 and have vowed to introduce new and improved rules to ensure that it will not happen again. It states that having ex-ante funding to bridge funding gaps is said to be a better solution than not having anything at all.


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