Valencia / According to Laevan / London / operating in London / /
Company
Flexible / JP Morgan / Free Scottish Banking / Lehman / HBOS / Prudential / Knickerbocker Trust / Scottish Insurance Fund / Fiscal Commission Working Group / Twitter / /
Country
United States / United Kingdom / Scotland / Ireland / /
Currency
GBP / / /
Event
Bankruptcy / /
Facility
National Institute of Economic / National Institute / Discount Window Facility / /
IndustryTerm
credible solution / particular bank / non-bank intermediaries / stronger bank / payment services / fair liquidity insurance / bank reserves / bank executives / non-bank financial institutions / monopoly supplier / bank specific problem / bank specific / possible solutions / finance / capitalised subsidiary / deposit insurance scheme / bank failures / last resort causes bank instability / registered bank / foreign parent bank / large bank / insolvent bank / mutual fund banking / narrow banking / insurance arrangements / foreign bank / overseas bank / wide stress meaning banks / bank / need liquidity insurance / weaker bank / banking / liquidity insurance operations / solvent banks / liquidity insurance / deposit insurance / optimum solution / similar risk management tools / important banks / /
MarketIndex
Valencia (2012) the / /
Organization
Centre for Macroeconomics / European Banking Union / International Monetary Fund / Prudential Regulation Authority / Scottish government / UK government / National Institute of Economic and Social Research / U.S. Securities and Exchange Commission / Prudential Regulatory Authority / Basel Committee / European monetary union / European Union / Bank of England / /
Person
David McCarthy / Angus Armstrong / /
Position
guard / Home State Supervisor / so straight forward / Director of Macroeconomics / Chancellor / underwriter / /
Discussion Paper No. 434 Date: 8 August 2014 Authors: Angus Armstrong* and David McCarthy** SCOTLAND’S LENDER OF LAST