The latest issue of the IMF’s Global Financial Stability report (GSFR, March 2014) provides a comprehensive analysis of the “too important to fail” (TITF) problem. http://www.imf.org/External/Pubs/FT/GFSR/2014/01/index.htm The TITF problem is a well-known one in banking literature, and it arises from the fact that in an interconnected financial world, the failure of a major financial…...
Too Important to Fail–Another Look
- Post published:May 14, 2014
- Post category:Compliance / Legal