Banks: Too big to fail to become a thing of the past? - The final piece of the banking reform jigsaw was slotted into place on Monday as new rules promised big banks would not be bailed out again by the taxpayer. A global regulator called the Financial Stability Board (FSB) has created the draft rules, which will mean insitutions like Goldman Sachs and HSBC will have to hold much more money to protect them from losses. It promises an end to the concept of the banks w... ow.ly/2Qst5G
Posted on: Mon, 10 Nov 2014 16:06:07 +0000
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