. Key questions arise: What causes bank failures? What drives these failures? Can we avoid a banking crisis? What happens … when a bank fails? This book explores the causes, consequences, and potential prevention of banking crises. It begins by … risk monitoring by bank directors. The final chapter illustrates the process of bank resolution and the evolving strategies …

narrative identification of banking crises in Spain. Afterwards, we run a proper econometric test to analyze bank capital levels …In this paper, we analyze the role bank capital played in systemic banking crises and in lending expansion and … contraction for nearly 150 years in Spain. We first build a measure of capital ratio (i.e., the capital to assets ratio) for Spain …