Tóm tắt nội dung: The worry now is that some banks have become too big to bail. Even rescuing Royal Bank of Scotland on its own would have badly stretched Britain’s public finances
Tác giả: David Wighton
Xuất bản: The Times. London
Số phát hành: 4/2009
Mô tả vật lý: 2tr.
Dạng tài liệu: Báo
Nguồn gốc: Proquest
Ngôn ngữ: Eng
Tài liệu: Xem toàn văn
Tóm tắt nội dung: The worry now is that some banks have become too big to bail. Even rescuing Royal Bank of Scotland on its own would have badly stretched Britain’s public finances. So why not cap the size of banks — or, at least, as some regulators are suggesting, penalise bigger banks by increasing the proportion of capital they must hold? Unnecessary and damaging, the banks will say. Unnecessary, because improving regulation and banks’ own risk management will prevent future disasters. Anyone who believes that is living on another planet. There will be future disasters and at least by restricting bank size we can minimise the risk that they bankrupt their home countries.
