US foreign bank plans threaten bail-in system, says Finma

mark-branson

Proposals that would require foreign banks in the US to stand on their own two feet in capital and liquidity terms could undermine attempts to fix the too-big-to-fail problem for large, cross-border institutions, Switzerland's top bank supervisor has warned in an interview with Risk.

The Federal Reserve Board proposed last December that foreign banks in the US should group their US subsidiaries under what it calls an intermediate holding company (IHC), which would then be subject to the same

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: