Banks “Too Big to Fail”
Dimitris N. Chorafas
Chapter 1 in Banks, Bankers, and Bankruptcies under Crisis, 2014, pp 1-22 from Palgrave Macmillan
Abstract:
Abstract According to the Bank for International Settlements, “Institutions that are too big to fail—those that created intolerable systemic risk by themselves, because others are exposed to them —pose a significant challenge.”1 Moreover, “Mergers and acquisitions that have formed a part of the crisis response … may have increased the number of such institutions … [and officials realize that big size] creates an unsustainable structure.”2
Keywords: Banking Industry; Hedge Fund; Credit Institution; Loan Loss; European Banking Authority (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-43699-3_1
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DOI: 10.1057/9781137436993_1
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