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| <i>Bank resolution.</i>
| | ''Trading'' |
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| The special process of resolving the problem of the actual or threatened insolvency of financial firms.
| | Trading in small quantities, including by private individuals. |
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| The speed with which value destruction occurs in a failing financial firm means that normal corporate insolvency processes and liquidation are inappropriate for such firms.
| | In banking, 'retail' customers would also generally include Small and Medium-Sized Enterprises (SMEs) as well as individuals. |
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| As in normal insolvency, losses will be expected for some creditors.
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| | ==See also== |
| | *[[Challenger bank]] |
| | *[[Deposit Guarantee Scheme]] |
| | *[[Retail bond]] |
| | *[[Retail mobility index]] |
| | *[[Retail payments]] |
| | *[[Retail Prices Index]] |
| | *[[Small and Medium-sized Enterprises]] |
| | *[[Stability]] |
| | * [[Wholesale]] |
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| Resolution is the orderly failure of a firm, under the control of the resolution authority.
| | [[Category:The_business_context]] |
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| Contrast with ‘[[recovery]]’ in which a financial firm facing difficulties is returned to acceptable financial health without imposing losses on the distressed firm's creditors.
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| == See also ==
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| * [[Financial stability]]
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| * [[Resolution Authority]]
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| * [[Liquidation and Payout]]
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| * [[Insolvency]]
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| * [[OLA]]
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| * [[Key Attributes]]
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| * [[Bailin]]
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| * [[Recovery]]
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| * [[RRP]]
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| * [[Cash in the new post-crisis world]]
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| * [[Resolution plan]]
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| * [[Resolution weekend]]
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| === Other links ===
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| [http://www.bankofengland.co.uk/financialstability/Documents/resolution/apr231014.pdf| The Bank of England's approach to resolution, October 2014]
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Revision as of 09:08, 10 September 2020
Trading
Trading in small quantities, including by private individuals.
In banking, 'retail' customers would also generally include Small and Medium-Sized Enterprises (SMEs) as well as individuals.
See also