HSBC’s Green: world needs banks ‘big enough to cope’

Structure is more important than size in determining the risk a bank poses to the financial system, HSBC’s chairman Stephen Green stated at the bank’s results meeting on March 1.

“The discussion has taken on an unhelpful shorthand of ‘too big to fail’ but reality is more complex than this headline,” said Green.” It is important to recognise that, for those institutions that failed, corporate structure and liquidity management were at least as important as size per se.”

Instead of reforms that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: