Making Progress On ‘Too-Big-To-Fail’ Policies For Global Systemically Important Banks – Speech
The bank failures in 2023 in the US and Switzerland presented the most significant test since the global financial crisis of the reforms to end “too-big-to-fail.” In our view, they showed that significant progress has been made, but further work is required.
On the one hand, as we noted in a recent report, the actions the...
