DealBook – A Hurdle To Winding Down A Failing Global Bank – 18 November 2013

DealBook

By DANIEL INDIVIGLIO

A seemingly small derivatives detail could sink global bank wind-down plans. American and European regulators want to standardize contracts to help cross-border lenders fail smoothly. If the problem isn’t fixed, investors could undermine financial stability by calling in swaps. It’s a reminder of how much work still needs to be done to end too big to fail.

Read the whole article at: www.dealbook.nytimes.com/ link to original article

Comments are closed.