Restructuring Tools and Their Costs

Małgorzata Iwanicz-Drozdowska, Paweł Smaga and Bartosz Witkowski

Chapter 4 in European Bank Restructuring During the Global Financial Crisis, 2016, pp 56-73 from Palgrave Macmillan

Abstract: Abstract This chapter describes the restructuring tools applied during the recent crisis to the EU banks and the costs associated with them. The most typical tool was recapitalization, combined also with deep restructuring of a bank or a merger, or a bailout, in other words. Liquidation and nationalization were used rather rarely, mostly in the case of small and medium-sized banks. A new tool, bail-in, was used in Cyprus and Slovenia. This chapter is complemented by a comprehensive Appendix, offering descriptions of case studies of bank restructuring, presented together with ‘bad’ asset management companies and resolution processes applied in several EU countries.

Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-56024-7_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137560247

DOI: 10.1057/9781137560247_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().