Keywords

• corporate governance of banks • 
• equity governance vs. debt governance • 
• financial crisis and bank reform proposals • 
• supervisory requirements as to bankgovernance • 
• separation of management and control by a bank two-tier board • 
• bankgroup-wide corporate governance • 
• bank risk management • 
• fit and proper test for the board • 
• the management and major shareholders of banks • 
• experience vs. independence of board members • 
• the danger of spillover of bank governance reforms to the corporate governance of the firms.