Which bank is too big to fail?

Global regulators have yet to draw up lists of banks judged “too big to fail”, people close to the G20’s taskforce on financial regulation said on Wednesday The Financial Times said most big Asian banks were to be exempt from G20 proposals on “systemically important financial institutions” due to a two-tier system of classifying such banks.

Global regulators have yet to draw up lists of banks judged “too big to fail”, people close to the G20’s taskforce on financial regulation said on Wednesday The Financial Times said most big Asian banks were to be exempt from G20 proposals on “systemically important financial institutions” due to a two-tier system of classifying such banks.

HT Image

People close to the Financial Stability Board, which is tasked by the G20 with implementing its regulatory pledges, said they had not decided which institutions would be classified as “systemically important financial institutions”. Reuters