Document Type
Lessons Learned
Abstract
During the Global Financial Crisis (GFC), Miguel Carcaño served as head of the Spanish Treasury’s Fund for Orderly Bank Restructuring, the authority in charge of managing the restructuring process of the country’s credit institutions. The fund, known today as the Spanish Executive Resolution Authority, is integrated into the European network led by the Single Resolution Board (SRB) of the European Union’s banking union. Carcaño has held a number of posts within the SRB and in 2022 became head of the Single Resolution Fund, the SRB’s emergency fund, which serves as backstop for institutions across the banking union’s 21 countries.
Recommended Citation
Cardona, Mercedes
(2025)
"Lessons Learned: Miguel Carcaño,"
Journal of Financial Crises: Vol. 7
:
Iss. 2, 363-365.
Available at:
https://elischolar.library.yale.edu/journal-of-financial-crises/vol7/iss2/15
Included in
Banking and Finance Law Commons, Economic History Commons, Finance Commons, Finance and Financial Management Commons, Law and Economics Commons, Policy Design, Analysis, and Evaluation Commons, Public Administration Commons