Compare and contrast the causes, costs, resolution methods and regulatory lessons learnt from TWO of the following post-2007 financial crises:
(a) Irish banking crisis
(b) UK banking crisis
(c) Icelandic banking crisis
(d) Cyprus banking crisis of 2012-13.
In your analysis, you are expected to utilise the following key concepts (as and where appropriate): bank
solvency, bank bailouts, bank bail-ins, too big to fail, the financial cycle,
systemic risk and macroprudential regulation.
Sample Solution