Bank Recapitalisation essentially involves providing banks with new capital. In 2010, Irish banks found themselves needing huge sums of capital to shore up their balance sheets. However, the slow and gradual emergence of the crisis meant even experts were imperceptive to the much larger scale of capital required.
Key learning objectives:
Define Bank Recapitalisation
Explain the atmosphere leading up to the crisis
Discuss whether bank’s anticipated the scale of the problem incoming.
Highlight the actions taken by organisations to tackle the Financial Crisis.