Bank failures in mature economies

The Basel Committee has published a working paper with the above title which studies bank failures in eight countries: Germany, Japan, Norway, Spain, Sweden, Switzerland, the United Kingdom and the US. It examines the reasons for the failures, how the failures were resolved, and what regulatory changes followed from the crisis.

The research has been carried out to help The Basel Committee ensure that it has a good understanding of the reasons behind bank failures, which is crucial in developing a regulatory system that reduces the risk of future failures.

The study also helps shed light on the frequency of failure by risk type, the type of shock that precipitated the crisis, and the impact of the event.

Read the report (PDF)

•Date: 30th April 2004 •Region: Various •Type: Article •Topic: Financial sector
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