Comment: Sharing the cost of banking crises

The need for an ex-ante commitment to sharing the cost of cross-border banking crises in Europe is suggested in a speech by Eva Srejber and a paper by Charles Goodhart and Dirk Schoenmaker. But is it feasible?


Cross-border banking creates many challenges for host and home supervisors, not least of which is the question of who pays when things go wrong, whether it is for the cost of extending emergency liquidity, the cost of compensating depositors or the cost of

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