Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/173103 
Year of Publication: 
2017
Series/Report no.: 
Bruegel Policy Contribution No. 2017/7
Publisher: 
Bruegel, Brussels
Abstract: 
The large global banks were at the heart of the global financial crisis. In response to the crisis, the international Financial Stability Forum was upgraded to the Financial Stability Board (FSB) in 2009, with the full participation of finance ministers and even heads of government. The newly established FSB then published an integrated set of policy measures, such as capital surcharges and resolution plans, to address the systemic and moral hazard risks associated with global systemically important banks (G-SIBs). Eight years later, it is time to take stock of the impact of these measures. We answer three questions on what happened to the G-SIBs. First, have they shrunk in size? Second, are they better capitalised? Third, and in reference to the reported end of global banking, have they reduced their global reach? Overall, the conclusion is that reports of the demise of global banking are premature, especially in the euro area.
Document Type: 
Research Report
Appears in Collections:

Files in This Item:
File
Size
217.15 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.