Title

Too safe to fail: Requiring big banks to build cash reserves can prevent future failures

Document Type

Editorial

Publication Date

3-3-2011

Language

en-US

Abstract

The finance ministers of the Group of 20, meeting in Paris last weekend, signaled their intention to address the issue of too-big-to-fail (TBTF) financial firms at their next meeting. The Paris communique calls for “higher loss absorbency measures” and “levies” on systemically important financial institutions.

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