The Asian Banker
中文
LoginSubscribe

End of the road for “too big to fail” banks?
US FDIC and Bank of England alliance unveil measures to seize and unwind global systematically important banks should they fail.

Dec 14, 2012 | Magessan Raj

US Federal Deposit Insurance Corporation (FDIC) and the Bank of England (BoE) have released a joint proposal detailing plans for the resolution of global systematically important banks (G-SIFIs). Released on December 10, 2012, the document outlines US and the UK’s plans for dealing with potential future financial failures in a bid to reduce risk to financial stability. Produced as a result of cooperation between the US Federal Reserve Board and Financial Services Authority UK, the document focuses…

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories: Capital & Strategic Issues, Regulation, Risk and Regulation
Keywords: FDIC, Bank of England, G-SIFIs, Lehman Brothers, British Bankers’ Association, Paul Tucker
Add a new comment:




Allowed tags: <b><i><br>



Comments (0)



Show Less
About us | Jobs and Internships with us | Contact us | Advertise with Us | | Privacy Policy | Copyrights Requests | Legal Notice | Feedback
RSS FeedRSS Feed | Follow us on Linkedin Twitter Facebook
Copyright 2014, The Asian Banker. All Rights Reserved .