3 ms·
You mean the countries where the only banks that exist are the "Too Big to Fail" banks?
by jdasdf 3y ago
You mean the countries where the only banks that exist are the "Too Big to Fail" banks?
- dividedcomet 3y agoPer https://www.fsb.org/wp-content/uploads/P211122.pdf https://www.fsb.org/wp-content/uploads/P211122.pdf the only Tier 4 bank is US based but _plenty_ of other banks around the world are systemically important. Is the US overly represented? Sure. But I’d also imagine they are more interconnected to the global financial system than other world wide banks