Bank of England sets out tough regime for failed banks

(Reuters) - Top managers of a failed bank would be replaced immediately and creditors told within two days the losses they will bear, the Bank of England said on Thursday in its blueprint for avoiding taxpayer bailouts in future financial crises.

Banks Could Still Face Tougher Capital Requirements to Prevent Crises

FRANKFURT — Ever since the end of the 2008 financial crisis, the world’s leaders have searched for ways to shore up the banking system.

As advanced economies grow, emerging ones struggle: OECD

PARIS: The Organisation for Economic Cooperation and Development says that advanced economies are staging a comeback but a slowdown in emerging countries will keep global growth low this year.

Financial crisis: Is Asia next? Probably not

Why don't we learn from financial crises? As Asian currencies fall and crisis strikes, we seem to be making the same mistakes made in the '90s.