4 ms·
It does not, as they are far too small to be "systematically important". If they fail and their assets cannot support their deposits, their depositors will get
by chernevik 4y ago
It does not, as they are far too small to be "systematically important". If they fail and their assets cannot support their deposits, their depositors will get a haircut.
This will not go unnoticed by depositors.
It's one of the clearer unfairnesses of this bad decision.