American Banker
March 27, 2014
The debate over “too big to fail” banks is about to reignite, courtesy of the Federal Reserve Bank of New York.
On Tuesday, the New York Fed released an insightful series on how U.S. global systemically important banks received a funding advantage before Dodd-Frank and Basel III started being implemented. Moreover, one of its studies found big banks engage in riskier transactions, because they believe the government will not let them fail…Read More