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The Central Bank As Crisis Manager | Dr. Patrick Honohan, former Central Bank of Ireland Governor, on Crisis Management, Macroeconomic Shocks, & Tariffs

Monetary Matters with Jack Farley

CHAPTER

Swiss National Bank Decisions in Crisis

This chapter examines the Swiss National Bank's controversial choices during a financial crisis, particularly its provision of emergency liquidity and bypassing resolution tools for failing banks. It discusses the implications of allowing one major bank to acquire another and explores the dynamics of bank resolutions both in the U.S. and Europe, highlighting the risks and benefits associated with market concentration.

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