(Reuters) - Top banks in the euro zone benefited from an implicit taxpayer subsidy of $90 billion to $300 billion in 2012 due to ongoing state support which makes them "too important to fail," the International Monetary Fund said in a report on Monday.
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Showing posts with label global financial institutions. Show all posts
Showing posts with label global financial institutions. Show all posts
Tuesday, April 01, 2014
Tuesday, December 11, 2012
U.S., UK bank seizure plans focus on absorbing losses: regulators
WASHINGTON (Reuters) - Both the United States and United Kingdom have developed viable approaches to seizing and unwinding failing global financial institutions, but more work is needed on the UK side to ensure that losses can be adequately absorbed, American and UK regulators said on Sunday.
Saturday, September 22, 2012
IMF to Boster Financial Oversight, But Won't Become Global Policy Arbiter
The International Monetary Fund said Friday it plans to bolster its oversight of the global banking system, but the IMF isn't likely to soon replace the other institutions such as the Financial Stability Board as the global arbiter of industry policy, as some in the fund had hoped.
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