The recent financial crisis has significantly modified the approach to helping troubled banks. The traditional role of the central bank has shifted toward non-credit forms of assistance, provided mainly by the state, and even toward assisting insolvent banks. State assistance - directly or...

Official inquiries into the failures of several large banks during the global financial crisis showed that strategic risk is one of the greatest risks facing any firm. But do other banks, especially those designated systemically important banks (SIBs), manage their strategic risks any better...