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

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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

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