Banks in Crisis

The current financial crisis evolved quickly. In most of the developed countries affected, governments initially improvised solutions that eventually led to substantial investments in systemically important banks. Not all their actions are worth em...

Full description

Bibliographic Details
Main Author:	Scott, David
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTABILITY ACCOUNTING AUDITING BALANCE SHEET BANK EQUITY BANK LENDING BANK RECAPITALIZATION BANKING CRISIS BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BANKS BENEFICIARIES BOOK VALUE BOOK VALUE OF ASSETS CAPITAL ACCORD CAPITAL ADEQUACY CAPITAL RATIOS CAPITAL REQUIREMENTS COMMON EQUITY COMMON SHARES COMMON STOCK CONVERSIONS CORPORATE GOVERNANCE CORPORATE LAW CREDIT DECISIONS CREDIT EXPANSION DEBT DEBT RESTRUCTURING DEPOSIT DISTRESSED BANK DISTRESSED BANKS DIVESTMENT DIVIDEND DIVIDEND PAYMENTS DIVIDEND YIELD EARLY REPAYMENT EMERGING-MARKET EQUITY CONVERSIONS EQUITY MARKET FAILED BANKS FEDERAL DEPOSIT INSURANCE FEDERAL DEPOSIT INSURANCE CORPORATION FINANCIAL CRISIS FINANCIAL HEALTH FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL STRENGTH FINANCIAL SYSTEM FORBEARANCE FUTURE EARNINGS GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNMENT INVESTMENT GOVERNMENT INVESTMENTS GOVERNMENT OWNERSHIP GOVERNMENT PAPER INDEBTEDNESS INFORMATION TECHNOLOGY INSOLVENT INTEREST RATES INVESTING INVESTMENT BANK INVESTMENT BANKING INVESTMENT DECISION INVESTMENT NEEDS LAST RESORT LEGAL REQUIREMENTS LEVERAGE LIQUIDATION LIQUIDITY MARKET ANALYSTS MARKET DEVELOPMENTS MARKET DISTORTIONS MARKET INTEREST MARKET INTEREST RATES MARKET VALUATIONS MINIMUM CAPITAL REQUIREMENTS NEGOTIATIONS NEW CREDIT OWNERSHIP INTEREST OWNERSHIP RIGHTS PASSIVE INVESTOR PAYMENTS SYSTEM POLICY RESPONSES PORTFOLIO POTENTIAL INVESTORS PREFERRED STOCK PRIVATE SECTOR DEVELOPMENT PROFESSIONAL INVESTOR PROFITABILITY PRUDENTIAL RULES PUBLIC ACCOUNTABILITY PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC SALE RATE OF RETURN RECAPITALIZATION RECAPITALIZATIONS REDEMPTION REGULATORY CAPITAL REPAYMENT RETURN RETURN ON INVESTMENT RISK MANAGEMENT RISK PROFILE SEIZURE SHAREHOLDER SHAREHOLDERS SOLVENT STATEMENT SUBORDINATED DEBT SUPERVISORY AUTHORITIES TIER 1 CAPITAL TRANSPARENCY TREASURY UNSECURED CREDITORS VALUATIONS VALUE OF ASSETS WARRANTS
Online Access:	http://documents.worldbank.org/curated/en/2009/10/11800003/banks-crisis http://hdl.handle.net/10986/10228

id	okr-10986-10228
recordtype	oai_dc
spelling	okr-10986-102282021-04-23T14:02:49Z Banks in Crisis Scott, David ACCOUNTABILITY ACCOUNTING AUDITING BALANCE SHEET BANK EQUITY BANK LENDING BANK RECAPITALIZATION BANKING CRISIS BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BANKS BENEFICIARIES BOOK VALUE BOOK VALUE OF ASSETS CAPITAL ACCORD CAPITAL ADEQUACY CAPITAL RATIOS CAPITAL REQUIREMENTS COMMON EQUITY COMMON SHARES COMMON STOCK CONVERSIONS CORPORATE GOVERNANCE CORPORATE LAW CREDIT DECISIONS CREDIT EXPANSION DEBT DEBT RESTRUCTURING DEPOSIT DISTRESSED BANK DISTRESSED BANKS DIVESTMENT DIVIDEND DIVIDEND PAYMENTS DIVIDEND YIELD EARLY REPAYMENT EMERGING-MARKET EQUITY CONVERSIONS EQUITY MARKET FAILED BANKS FEDERAL DEPOSIT INSURANCE FEDERAL DEPOSIT INSURANCE CORPORATION FINANCIAL CRISIS FINANCIAL HEALTH FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL STRENGTH FINANCIAL SYSTEM FORBEARANCE FUTURE EARNINGS GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNMENT INVESTMENT GOVERNMENT INVESTMENTS GOVERNMENT OWNERSHIP GOVERNMENT PAPER INDEBTEDNESS INFORMATION TECHNOLOGY INSOLVENT INTEREST RATES INVESTING INVESTMENT BANK INVESTMENT BANKING INVESTMENT DECISION INVESTMENT NEEDS LAST RESORT LEGAL REQUIREMENTS LEVERAGE LIQUIDATION LIQUIDITY MARKET ANALYSTS MARKET DEVELOPMENTS MARKET DISTORTIONS MARKET INTEREST MARKET INTEREST RATES MARKET VALUATIONS MINIMUM CAPITAL REQUIREMENTS NEGOTIATIONS NEW CREDIT OWNERSHIP INTEREST OWNERSHIP RIGHTS PASSIVE INVESTOR PAYMENTS SYSTEM POLICY RESPONSES PORTFOLIO POTENTIAL INVESTORS PREFERRED STOCK PRIVATE SECTOR DEVELOPMENT PROFESSIONAL INVESTOR PROFITABILITY PRUDENTIAL RULES PUBLIC ACCOUNTABILITY PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC SALE RATE OF RETURN RECAPITALIZATION RECAPITALIZATIONS REDEMPTION REGULATORY CAPITAL REPAYMENT RETURN RETURN ON INVESTMENT RISK MANAGEMENT RISK PROFILE SEIZURE SHAREHOLDER SHAREHOLDERS SOLVENT STATEMENT SUBORDINATED DEBT SUPERVISORY AUTHORITIES TIER 1 CAPITAL TRANSPARENCY TREASURY UNSECURED CREDITORS VALUATIONS VALUE OF ASSETS WARRANTS The current financial crisis evolved quickly. In most of the developed countries affected, governments initially improvised solutions that eventually led to substantial investments in systemically important banks. Not all their actions are worth emulating, especially those that undermine normal governance arrangements and the ability of all shareholders to hold the banks' board and management accountable. Lessons from earlier crises show that governments acting as temporary owners can minimize costs to taxpayers by following sound commercial practices and good corporate governance principles. Quickly developing and making public the exit strategy is also important. 2012-08-13T10:47:28Z 2012-08-13T10:47:28Z 2009-10 http://documents.worldbank.org/curated/en/2009/10/11800003/banks-crisis http://hdl.handle.net/10986/10228 English Crisis Response Note; No. 9 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTABILITY ACCOUNTING AUDITING BALANCE SHEET BANK EQUITY BANK LENDING BANK RECAPITALIZATION BANKING CRISIS BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BANKS BENEFICIARIES BOOK VALUE BOOK VALUE OF ASSETS CAPITAL ACCORD CAPITAL ADEQUACY CAPITAL RATIOS CAPITAL REQUIREMENTS COMMON EQUITY COMMON SHARES COMMON STOCK CONVERSIONS CORPORATE GOVERNANCE CORPORATE LAW CREDIT DECISIONS CREDIT EXPANSION DEBT DEBT RESTRUCTURING DEPOSIT DISTRESSED BANK DISTRESSED BANKS DIVESTMENT DIVIDEND DIVIDEND PAYMENTS DIVIDEND YIELD EARLY REPAYMENT EMERGING-MARKET EQUITY CONVERSIONS EQUITY MARKET FAILED BANKS FEDERAL DEPOSIT INSURANCE FEDERAL DEPOSIT INSURANCE CORPORATION FINANCIAL CRISIS FINANCIAL HEALTH FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL STRENGTH FINANCIAL SYSTEM FORBEARANCE FUTURE EARNINGS GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNMENT INVESTMENT GOVERNMENT INVESTMENTS GOVERNMENT OWNERSHIP GOVERNMENT PAPER INDEBTEDNESS INFORMATION TECHNOLOGY INSOLVENT INTEREST RATES INVESTING INVESTMENT BANK INVESTMENT BANKING INVESTMENT DECISION INVESTMENT NEEDS LAST RESORT LEGAL REQUIREMENTS LEVERAGE LIQUIDATION LIQUIDITY MARKET ANALYSTS MARKET DEVELOPMENTS MARKET DISTORTIONS MARKET INTEREST MARKET INTEREST RATES MARKET VALUATIONS MINIMUM CAPITAL REQUIREMENTS NEGOTIATIONS NEW CREDIT OWNERSHIP INTEREST OWNERSHIP RIGHTS PASSIVE INVESTOR PAYMENTS SYSTEM POLICY RESPONSES PORTFOLIO POTENTIAL INVESTORS PREFERRED STOCK PRIVATE SECTOR DEVELOPMENT PROFESSIONAL INVESTOR PROFITABILITY PRUDENTIAL RULES PUBLIC ACCOUNTABILITY PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC SALE RATE OF RETURN RECAPITALIZATION RECAPITALIZATIONS REDEMPTION REGULATORY CAPITAL REPAYMENT RETURN RETURN ON INVESTMENT RISK MANAGEMENT RISK PROFILE SEIZURE SHAREHOLDER SHAREHOLDERS SOLVENT STATEMENT SUBORDINATED DEBT SUPERVISORY AUTHORITIES TIER 1 CAPITAL TRANSPARENCY TREASURY UNSECURED CREDITORS VALUATIONS VALUE OF ASSETS WARRANTS
spellingShingle	ACCOUNTABILITY ACCOUNTING AUDITING BALANCE SHEET BANK EQUITY BANK LENDING BANK RECAPITALIZATION BANKING CRISIS BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BANKS BENEFICIARIES BOOK VALUE BOOK VALUE OF ASSETS CAPITAL ACCORD CAPITAL ADEQUACY CAPITAL RATIOS CAPITAL REQUIREMENTS COMMON EQUITY COMMON SHARES COMMON STOCK CONVERSIONS CORPORATE GOVERNANCE CORPORATE LAW CREDIT DECISIONS CREDIT EXPANSION DEBT DEBT RESTRUCTURING DEPOSIT DISTRESSED BANK DISTRESSED BANKS DIVESTMENT DIVIDEND DIVIDEND PAYMENTS DIVIDEND YIELD EARLY REPAYMENT EMERGING-MARKET EQUITY CONVERSIONS EQUITY MARKET FAILED BANKS FEDERAL DEPOSIT INSURANCE FEDERAL DEPOSIT INSURANCE CORPORATION FINANCIAL CRISIS FINANCIAL HEALTH FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL STRENGTH FINANCIAL SYSTEM FORBEARANCE FUTURE EARNINGS GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNMENT INVESTMENT GOVERNMENT INVESTMENTS GOVERNMENT OWNERSHIP GOVERNMENT PAPER INDEBTEDNESS INFORMATION TECHNOLOGY INSOLVENT INTEREST RATES INVESTING INVESTMENT BANK INVESTMENT BANKING INVESTMENT DECISION INVESTMENT NEEDS LAST RESORT LEGAL REQUIREMENTS LEVERAGE LIQUIDATION LIQUIDITY MARKET ANALYSTS MARKET DEVELOPMENTS MARKET DISTORTIONS MARKET INTEREST MARKET INTEREST RATES MARKET VALUATIONS MINIMUM CAPITAL REQUIREMENTS NEGOTIATIONS NEW CREDIT OWNERSHIP INTEREST OWNERSHIP RIGHTS PASSIVE INVESTOR PAYMENTS SYSTEM POLICY RESPONSES PORTFOLIO POTENTIAL INVESTORS PREFERRED STOCK PRIVATE SECTOR DEVELOPMENT PROFESSIONAL INVESTOR PROFITABILITY PRUDENTIAL RULES PUBLIC ACCOUNTABILITY PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC SALE RATE OF RETURN RECAPITALIZATION RECAPITALIZATIONS REDEMPTION REGULATORY CAPITAL REPAYMENT RETURN RETURN ON INVESTMENT RISK MANAGEMENT RISK PROFILE SEIZURE SHAREHOLDER SHAREHOLDERS SOLVENT STATEMENT SUBORDINATED DEBT SUPERVISORY AUTHORITIES TIER 1 CAPITAL TRANSPARENCY TREASURY UNSECURED CREDITORS VALUATIONS VALUE OF ASSETS WARRANTS Scott, David Banks in Crisis
relation	Crisis Response Note; No. 9
description	The current financial crisis evolved quickly. In most of the developed countries affected, governments initially improvised solutions that eventually led to substantial investments in systemically important banks. Not all their actions are worth emulating, especially those that undermine normal governance arrangements and the ability of all shareholders to hold the banks' board and management accountable. Lessons from earlier crises show that governments acting as temporary owners can minimize costs to taxpayers by following sound commercial practices and good corporate governance principles. Quickly developing and making public the exit strategy is also important.
format	Publications & Research :: Brief
author	Scott, David
author_facet	Scott, David
author_sort	Scott, David
title	Banks in Crisis
title_short	Banks in Crisis
title_full	Banks in Crisis
title_fullStr	Banks in Crisis
title_full_unstemmed	Banks in Crisis
title_sort	banks in crisis
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2009/10/11800003/banks-crisis http://hdl.handle.net/10986/10228
_version_	1764412322593374208

Banks in Crisis

Similar Items