5 ways Europe can prepare for problem banks
In 2016, roughly one in 10 large banks in the euro-area posted very large losses. Here, the IMF suggest ways to prepare should a bank fail.
Daniel Hardy is an Advisor at the International Monetary Fund. In the course of his career, he has worked on a wide range of industrialised, emerging market, and developing countries. He has contributed to macroeconomic surveillance, financial sector surveillance and in particular FSAPs, the design and implementation of Fund-supported programs, policy development, and technical assistance. His recent research has centred on bank behavior, stability analysis, and political economy issues.