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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Bank Failure and Resolution in the EU: Lessons for the Crisis Management and Deposit Insurance Framework

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

Hardcover

Series: Routledge International Studies in Money and Banking

AccountingBusiness GeneralInvesting & Finance

ISBN10: 1041219504
ISBN13: 9781041219507
Publisher: Routledge
Published: Aug 11 2026
Pages: 248
Weight: 1.19
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English

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.

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