Too big to fail
Bank of England deputy governor Paul Tucker raises concerns over the size and for-profit nature of CCPs
The rapid growth of commodity trading houses has led critics to question whether these firms have become a source of systemic risk. But trading houses strongly reject such arguments, and suggest they are...
Cross-border resolution could be harder under US-style capital and liquidity plans, says Finma's head of bank supervision
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Too big to fail articles
Switzerland went first – and furthest – on post-crisis banking reforms, making its industry a test case for the impact of the new regime. But it has not yet solved the too-big-to-fail problem, Mark Branson, chief bank supervisor at Eidgenössische...
The recent easing of the Basel III liquidity coverage ratio is welcome, but highlights the difficult – perhaps impossible – regulatory challenge of striking the right balance in a world of too-big-to-fail banks, writes David Rowe
Banks are still reeling from the revelation last month that staff at Barclays lied about the bank’s borrowing costs in an attempt to manipulate Libor and Euribor benchmark rates – behaviour that resulted in a roughly $450 million settlement with...
"When is enough, enough?” Kenneth Griffin wants to know. The founder and chief executive of Citadel, the Chicago-based asset manager and market-maker, blames dealer lobbying for the slow implementation of the Dodd-Frank Act’s rules on clearing, and...
Regulators and policy-makers are determined to solve the problem of banks that are too big to fail, says Paul Tucker, deputy governor of the Bank of England (BoE). And, in doing so, they will not allow “the tragedy” of central counterparties (CCPs)...
The threat to society of institutions that are too big to be allowed to fail should be solved through a predictable legal framework, rather than punitive regulation. David Rowe commends a group of academics working on the details of such a framework
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
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