Voluntary support and ring-fencing
in cross-border banks

Lug 29 2022

While supranational architecture permits voluntary support, national architecture gives rise to inefficient
ring-fencing of a healthy subsidiary when there is high correlation between the subsidiaries’ assets…

https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2688~7347dc11ae.en.pdf

Share

I commenti per questo post sono chiusi