Bank Restructuring and Resolution

Abstract

PART I: OVERVIEW OF CRISIS RESOLUTION AND BANK RESTRUCTURING POLICIES The Resolution of Systemic Banking System Crises S.Ingves & D.S.Hoelscher The Benefits and Costs of Intervening in Banking Crises E.J.Frydl & M.G.Quintyn PART II: OPTIONS FOR BANK RESTRUCTURING Techniques of Bank Resolution S.A.Seelig Issuing Government Bonds to Finance Bank Recapitalization and Restructuring: Design Factors that Affect Banks' Financial Performance A.M.Andrews What Happens After Supervisory Intervention? Considering Bank Closure Options A.M.Andrews & M.A.Josefsson Post-Resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises, Systemic Risk, and Too-Big-To-Fail G.G.Kaufman & S.A.Seelig The IMF/World Bank Global Insolvency Initiative-Its Purpose and Principal Features R.B.Leckow PART III: OPTIONS FOR ASSET MANAGEMENT Prudential Treatment of Restructured Loans I.Song Issues in the Establishment of Asset Management Companies S.Ingves, S.A.Seelig & D.He PART IV: COUNTRY EXPERIENCES From the Front Lines at Seoul Bank: Restructuring and Reprivatization C.Kang The Banking Crises and Bank Resolution: Experiences in Some Transition Economies C.A.Enoch, A-M.Gulde & D.C.Hardy Interventions in Banks during Banking Crises: The Experience of Indonesia C.A.Enoch The Role of KAMCO in Resolving Nonperforming Loans in the Republic of Korea D.He The Public Sector Recapitalization Program in Turkey M.A.Josefsson