Book of Donmon Teith

The global financial crisis produced an important agreement among regulators in 2010–11 to raise capital requirements for banks to protect them from insolvenc

Central banks may operate perfectly well without capital as conventionally defined. A large negative net worth, however, is likely to compromise central bank in

The appropriate level of bank capital and, more generally, a bank’s capacity to absorb losses, has been at the core of the post-crisis policy debate. This pap