Mayes, David G.; Nieto, Maria J.; Wall, Larry - 2021
than one European country. In a PCA framework, a bank's losses are likely to be substantially reduced. This reduction in … decisions within the PCA framework as soon as a bank of a cross-border banking group falls below the minimum capital standard …. Finally, the paper analyses the coordination measures that should be implemented if PCA requires the bank to be resolved. JEL …