A.Michael Andrews and Associates Limited
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Resolving Troubled Financial Institutions
advice to supervisory authorities and deposit insurers on
strategies draws on actual
hands-on experience with intervention and
gaining control of weak institutions, completing
transfers, asset sales, liquidations and bankruptcies.
confidence and stability is paramount, and is best
through early, decisive action. Well planned and
options, which include mergers and purchase and assumption
transactions, can minimize disruption to depositors, thus
confidence while at the same time stopping the
accumulation of ongoing
losses in banks.
This philosophy has been
tested in practice in many countries around the
world. It is
documented in a paper Mike Andrews co-authored with an
Monetary Fund colleague, Mats Josefsson, "What
Happens After Supervisory Intervention?
Considering Bank Closure Options", and in the
contribution Mike Andrews made to the Basel
Committee Task Force which produced Supervisory
Guidance on Dealing with Weak Banks.
©2013 A. Michael Andrews and Associates Limited
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