The bankruptcy of the investment bank Lehman Brothers was the pivotal event of the 2008 financial crisis and the Great Recession that followed. Ever since the bankruptcy, there has been heated debate about why the Federal Reserve did not rescue Lehman in the same way it rescued other financial...

In May 2021, New York lawmakers introduced a bill to amend the banking law concerning restructuring unsustainable sovereign and subnational debt (Bill). This amendment offers effective mechanisms to restructure unsustainable sovereign and subnational debt. This article seeks to argue that once...

pt. I. Knowledges of credit risk and bank regulation -- pt. II. Critical perspectives on financial innovation -- pt. III. New approaches to banking, risk and central bank role in the Eurozone -- pt. IV. Regulation of misconduct in banking -- pt. V. Limits of post-crisis bank regulation -- pt....