Highlights BB to resolve a bank if it is deemed financially unstable with no prospects of recovery BB's resolution powers - appointing administrator, transferring shares, selling banks to third ...

Republican members of the U.S. House and Senate introduced a joint resolution under the Congressional Review Act (CRA) to nullify ...

Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.

The heads of both the House and Senate banking committees introduced a Congressional Review Act resolution to undo the ...

examines the governance structures essential critical for effective bank resolution and deposit insurance functions. Considering the vulnerabilities exposed during the 2008-09 global financial crisis, ...

LISBON, Feb 12 (Reuters) - Portugal's banking resolution fund aims to sell its 13.54% stake in Novo Banco at the best possible price to maximise revenues, the fund's chief Luis Maximo dos Santos ...