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The European Union intended to bring an end to taxpayer-funded bank rescues when it adopted the Bank Recovery and Resolution Directive in 2014 and established the Single Resolution Board (SRB) as the central resolution authority in the euro area. Cases since then, however, suggest this endeavor has achieved at best partial success. Meanwhile, the US bank resolution framework, long viewed as the reference for global best practice, met unexpected challenges in March 2023. Discussing in this episode of the Peterson Institute for International Economics (PIIE) event series Financial Statements on October 25, 2023, are: HOST Nicolas Véron Senior Fellow, Peterson Institute for International Economics (PIIE) GUESTS Dominique Laboureix Chair, EU Single Resolution Board Kathryn Judge Harvey J. Goldschmid Professor of Law, Columbia Law School For more information, visit: https://www.piie.com/events/what-work... Subscribe to receive notices of upcoming PIIE events: https://www.piie.com/subscribe Follow the Peterson Institute for International Economics on social media! Twitter: / piie LinkedIn: / piie Facebook: / piieonline Thumbnail credit: PIIE/Sarah Tew via stock.adobe.com