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FSB ‘too big to fail’ proposals welcomed by industry

The Financial Stability Board is proposing a new minimum standard for total loss-absorbing capacity, which is designed to provide confidence that systemically important global banks can absorb losses without upsetting financial stability and the wider economy.

http://www.bankingtech.com/262071/fsb-too-big-to-fail-proposals-welcomed-by-industry/?utm_source=rss&utm_medium=rss&utm_campaign=fsb-too-big-to-fail-proposals-welcomed-by-industry