IMF wrong to label Deutsche world’s riskiest bank, says economist
Co-developer of risk methodology used by IMF says it misapplied it when labelling bank riskiest G-Sib
The International Monetary Fund erred in labelling Deutsche Bank the biggest contributor to systemic risk among large banks, says the economist who co-developed the methodology the fund employed. Kamil Yilmaz, of Koç University in Turkey, now claims it was incorrectly applied.
In its financial system stability assessment for Germany in June 2016, the IMF stated Allianz was the largest contributor
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