Tuesday, 22 March 2016

The heavy burden of being labelled systemically important (Robert C. Pozen, Brookings)

Almost everyone would agree that large banks like JPMorgan and Citigroup should be classified as Sifis — the melodious acronym for systemically important financial institutions, whose failure would produce widespread shocks to the financial system.

http://www.brookings.edu/research/opinions/2016/03/21-heavy-burden-of-being-labelled-systemically-important-pozen

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