2 ms·
The implication of the above is that they will not step in every time, but only when they decide (in what is surely a very transparent, consistent, and fair pro
by VagueMag 4y ago
The implication of the above is that they will not step in every time, but only when they decide (in what is surely a very transparent, consistent, and fair process) that the failing bank in question is "systemically important."