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Resolution of banking crises: a review

Late last year, the Bank of England’s Centre for Central Banking Studies hosted a research workshop for officials from a number of developed and emerging-market economies on banking crisis resolution. This article, which draws on the information provided in the workshop is based on a paper presented at its concluding conference. It describes some of the principles that authorities should and do consider when resolving banking crises, and possible resolution options. It also assesses the resolution practice in recent systemic banking crises.