Christiane Hellstern
Trennbankenstrukturreformen nach der Finanzkrise
[Banking Separation Reforms after the Financial Crisis.]
2024. 409 pages. Price for libraries
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The structural banking reforms initiated and partially implemented in response to the financial crisis separated »systemically important« business activities requiring special protection from other commercial activities to ensure an orderly resolution of failing banks without contagion risks for financial stability. Christiane Hellstern's systematic comparison of the application problems, reform approaches and the follow-up questions associated with the implementation highlights the strengths as well as functional weaknesses of these efforts.