Tag Archives: global systemically important banks

The Basel Committee on Banking Supervision issued its rules for global systemically important banks (G-SIBs) but Too-Big-to-Fai

The Basel Committee on Banking Supervision issued its rules for global systemically important banks (G-SIBs) but Too-Big-to-Fail Banks Get Bigger After Dodd-Frank ( a 26 pages report)

This Bloomberg Government Study finds that the banking sector has become even more concentrated since the 2008 financial crisis. If the growth rate of banks in the past is an indicator, the number of so-called too-big-to-fail banks could increase by almost 40 percent over the next 15 years, putting added strain on regulators.
The Dodd-Frank law, enacted in July 2010, seeks to limit growth in the banking sector and remove risks that could destabilize the financial system.
The law aims to prevent banks from becoming too big to fail, so that the government is not forced to spend taxpayer money to bail out the shareholders of large banks and other financial companies in the event of crisis.
But what could occur during a future crisis, the big firms will have the most flexibility to take control of failed firms.
>>>>>>http://bit.ly/BloombergTooBigToFail

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