Closing a failed bank: resolution practices and procedures
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Washington, DC
Internat. Monetary Fund
2011
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Inhaltsverzeichnis |
| Beschreibung: | X, 226 S. graph. Darst. 1 CD-ROM (12 cm) |
| ISBN: | 9781616350277 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
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| 003 | DE-604 | ||
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| 007 | t | ||
| 008 | 111014s2011 d||| |||| 00||| eng d | ||
| 020 | |a 9781616350277 |9 978-1-61635-027-7 | ||
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| 100 | 1 | |a Parker, David C. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Closing a failed bank |b resolution practices and procedures |c David C. Parker |
| 264 | 1 | |a Washington, DC |b Internat. Monetary Fund |c 2011 | |
| 300 | |a X, 226 S. |b graph. Darst. |e 1 CD-ROM (12 cm) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Unternehmensliquidation |0 (DE-588)4127053-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Bank |0 (DE-588)4004436-1 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Insolvenz |0 (DE-588)4072843-2 |2 gnd |9 rswk-swf |
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| 689 | 0 | 1 | |a Insolvenz |0 (DE-588)4072843-2 |D s |
| 689 | 0 | 2 | |a Unternehmensliquidation |0 (DE-588)4127053-8 |D s |
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| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024487298&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
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Datensatz im Suchindex
| _version_ | 1804148490384703488 |
|---|---|
| adam_text | Titel: Closing a failed bank
Autor: Parker, David C
Jahr: 2011
Contents
Acknowledgments...................................................................................................................................................................vii
Preface...........................................................................................................................................................................................ix
CHAPTER 1 INTRODUCTION.................................................................................................................................1
Legal Framework.........................................................................................................................................2
Deposit Insurance during Bank Failures.............................................................................................3
Media and Public Relations.....................................................................................................................4
Chapter Summaries....................................................................................................................................4
CHAPTER 2 PROBLEM BANK RESOLUTION AND SUPERVISION..............................................................7
Problem Bank Supervision.......................................................................................................................7
Problem Bank Resolution......................................................................................................................12
CHAPTER 3 BANK INTERVENTION PROCEDURES........................................................................................15
Duties and Responsibilities of Intervention Team........................................................................16
Advance Preparation for Intervention..............................................................................................17
Immediate Actions at Intervention....................................................................................................22
Annex 3.1. Functional Area Checklists*............................................................................................32
Annex 3.2. Sample Problem Bank Resolution Action Plan*......................................................66
Annex 3.3. Intervention Organizational Chart...............................................................................67
Annex 3.4. Publication Notice of Appointment of Conservator or Receiver*...................67
Annex 3.5. Notice for Registration at the Appropriate Court*.................................................67
Annex 3.6. Door Notice of Appointment of Conservator or Receiver*.................................68
Annex 3.7. Notice to General Director of Appointment of Conservator or Receiver*.....68
Annex 3.8. Notice to Correspondents of Appointment of Conservator or Receiver*......69
Annex 3.9. Notice to Bank Employees of Appointment of Conservator or Receiver*.....69
Annex 3.10. Employee Code of Conduct and Confidentiality Agreement*........................70
Annex 3.11. Notice to Shareholders, Depositors, Borrowers and Vendors of
Appointment of Conservator or Receiver*.............................................................71
Annex 3.12. Initial Information............................................................................................................71
Annex 3.13. Outline for Initial Intervened Bank Employees Meeting...................................72
Annex 3.14. Sample Press Releases..................................................................................................73
Annex 3.15. Questions and Answers for the Press related to [Failed Bank]*......................76
Annex 3.16. Telephone Script (Liquidation)*..................................................................................78
Annex 3.17. Bank Intervention Managers Book Table of Contents*......................................79
Annex 3.18. Inventory Book of Assets and Liabilities..................................................................79
Annex 3.19. Estimated Loss in Assets Form*..................................................................................81
Annex 3.20. Cash Count Sheets*.........................................................................................................82
Annex 3.21. Asset Review Sheet*.......................................................................................................88
Annex 3.22. Bank Account Reconciliation Guidelines.................................................................89
Annex 3.23. Subsidiary Due Diligence Review Checklist*.........................................................91
Annex 3.24. Business and Disposition Plan..................................................................................104
CHAPTER 4 CONSERVATORSHIP OPERATIONS.........................................................................................107
Operations and Policies.......................................................................................................................108
Immediate Concerns.............................................................................................................................109
Ongoing Operations.............................................................................................................................109
Annex 4.1. Funds Flow Analysis........................................................................................................116
Annex 4.2. Contingency Funding Plan Summary*.....................................................................119
CHAPTER 5 FINAL RESOLUTION.....................................................................................................................121
Resolution Preparation.........................................................................................................................123
Marketing Strategy......................................................................:.........................................................124
Legal Documents...................................................................................................................................129
Potential Acquirers................................................................................................................................130
Marketing Presentation.......................................................................................................................130
Due Diligence..........................................................................................................................................131
Bid Acceptance.......................................................................................................................................132
Contract Signing.....................................................................................................................................132
Closing the Transaction........................................................................................................................132
Public Awareness...................................................................................................................................132
Annex 5.1. Example of a Resolution Timeline*............................................................................134
Annex 5.2. Sample Deposit Transfer Form*.................................................................................135
Annex 5.3. Confidentiality Agreement*.......................................................................;................136
Annex 5.4. Escrow Agreement*.........................................................................................................139
Annex 5.5. Exhibit A Bid Form*........................................................................................................141
Annex 5.6. Sample Print Advertisement for Bank Resolution*..............................................145
Annex 5.7. Official Receipt*................................................................................................................146
CHAPTER 6 BANK LIQUIDATION PROCEDURES........................................................................................147
Bank Liquidation Operations.............................................................................................................148
Annex 6.1. Asset Management Companies..................................................................................154
Annex 6.2. Structure Example: Division of Liquidation Office...............................................156
CHAPTER 7 ASSET MANAGEMENT AND DISPOSITION..........................................................................157
Asset Disposition Strategies and Timelines..................................................................................157
Asset Collection Procedures...............................................................................................................158
Delegation of Authority.......................................................................................................................167
Case Memorandum System...............................................................................................................169
Reporting.................................................................................................................................................171
Filing System............................................................................................................................................171
Annex 7.1. Sample Case Memoranda*.........................................................................................174
Annex 7.2. Case Memorandum Log*..............................................................................................181
Annex 7.3. Asset Collection Report*................................................................................................182
APPENDIX PURCHASE AND ASSUMPTION AGREEMENT.....................................................................183
GLOSSARY ..............................................................................................................................................................221
BOXES
2.1. What Makes a Problem Bank?.........................................................................................................9
3.1. Intervention Staffing.......................................................................................................................18
4.1. Placing a Bank in Conservatorship................................................:..........................................108
5.1. Open Bank Assistance..................................................................................................................122
5.2. Bridge Banks and Nationalization..........................................................................................129
5.3. Branch Breakups.............................................................................................................................129
5.4. Paying Insured Deposits via Electronic Transfers to Another Bank..............................130
6.1. Example of Bankruptcy Claims Priorities...............................................................................148
7.1. The 80/20 Rule.................................................................................................................................157
7.2. Asset Management in a Liquidation Context......................................................................158
7.3. Liquidation Goals...........................................................................................................................160
7.4. Some Loan Restructuring Guidelines.....................................................................................161
FIGURES
2.1. Decision Tree for Problem Bank Resolution
2.2. Bank Intervention Flow Chart..........................
..8
12
TABLES
1.1. Contrasting a Special Bank Insolvency Regime with Commercial Bankruptcy Law...3
2.1. Examples of Informal and Formal Supervisory and Enforcement Actions..................10
2.2. U.S. Prompt Corrective Action Capital Categories................................................................11
3.1. Intervention Documents...............................................................................................................19
5.1. Summary of a Typical Purchase and Assumption Transaction.....................................126
5.2. Assuming Bank Purchase and Assumption Example........................................................127
5.3. Bridge Bank Purchase and Assumption Example............................................................128
7.1. Asset Types and Primary Disposition Strategies.................................................................159
7.2. Property Type and Loan-to-Value (LTV) Ratio......................................................................164
7.3. Examples of Discount Rate Calculations................................................................................165
7.4. Basis and Requirements for Write-offs by Type of Asset..................................................168
|
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| indexdate | 2024-07-10T00:07:58Z |
| institution | BVB |
| isbn | 9781616350277 |
| language | English |
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| physical | X, 226 S. graph. Darst. 1 CD-ROM (12 cm) |
| publishDate | 2011 |
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| spelling | Parker, David C. Verfasser aut Closing a failed bank resolution practices and procedures David C. Parker Washington, DC Internat. Monetary Fund 2011 X, 226 S. graph. Darst. 1 CD-ROM (12 cm) txt rdacontent n rdamedia nc rdacarrier Unternehmensliquidation (DE-588)4127053-8 gnd rswk-swf Bank (DE-588)4004436-1 gnd rswk-swf Insolvenz (DE-588)4072843-2 gnd rswk-swf Bank (DE-588)4004436-1 s Insolvenz (DE-588)4072843-2 s Unternehmensliquidation (DE-588)4127053-8 s DE-604 DE-601 pdf/application http://www.gbv.de/dms/zbw/657079014.pdf kostenfrei Inhaltsverzeichnis HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024487298&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Parker, David C. Closing a failed bank resolution practices and procedures Unternehmensliquidation (DE-588)4127053-8 gnd Bank (DE-588)4004436-1 gnd Insolvenz (DE-588)4072843-2 gnd |
| subject_GND | (DE-588)4127053-8 (DE-588)4004436-1 (DE-588)4072843-2 |
| title | Closing a failed bank resolution practices and procedures |
| title_auth | Closing a failed bank resolution practices and procedures |
| title_exact_search | Closing a failed bank resolution practices and procedures |
| title_full | Closing a failed bank resolution practices and procedures David C. Parker |
| title_fullStr | Closing a failed bank resolution practices and procedures David C. Parker |
| title_full_unstemmed | Closing a failed bank resolution practices and procedures David C. Parker |
| title_short | Closing a failed bank |
| title_sort | closing a failed bank resolution practices and procedures |
| title_sub | resolution practices and procedures |
| topic | Unternehmensliquidation (DE-588)4127053-8 gnd Bank (DE-588)4004436-1 gnd Insolvenz (DE-588)4072843-2 gnd |
| topic_facet | Unternehmensliquidation Bank Insolvenz |
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