#Swiss National Bank: The experience with #CreditSuisse shows the need for a review of the #TBTF framework in order to facilitate early intervention, chart @SNB_BNS Financial Stability Report https://shorturl.at/anPU4

Stanford-Ökonomin Anat Admati ist die wohl renommierteste Expertin für Bankenregulierung. Sie beschreibt, wie alle schon lange wussten, dass die Pläne zur Abwicklung globaler #Banken nichts taugen. Und sie warnt vor der neuen #UBS.

Von @ywegelin

#TooBigToFail #TBTF #Finanzplatz

https://www.woz.ch/2314/das-problem-mit-den-banken/die-abwicklungsplaene-sind-eine-der-groessten-luegen/!TJCXWXKVRF72

#BankingCrisis #SVB #CreditSuisse “ #TBTF is still a problem. It never got solved. ” @anatadmati #regulators didn’t use the mechanisms they promised us would work @CNNBusiness https://cutt.ly/B47tIJe

#Ueli und die #Eigenverantwortung
#CS #TBTF #WTF lässt grüssen! https://twitter.com/ywegelin/status/1639176680567865344?t=Q4UbOT0EPibYhxGhcfUr3A&s=19

#TBTF
#financialtoxicity from our 2017 article as ‘the degree to which financial products can systematically harm their buyers and, on a large scale, the extent to which these products or financial practices generate systemic risk’.
#CreditSuisse #ethics

https://www.tandfonline.com/doi/abs/10.1080/20430795.2016.1238213

Achso, ja. #tbtf

"USA: #SiliconValleyBank zahlte offenbar kurz vor Pleite noch Boni aus"

https://www.zeit.de/wirtschaft/2023-03/usa-silicon-valley-bank-boni-pleite-auszahlung?%3A%2F%2Fwww.startpage.com%2F

@whitemammothcock That's not a rant, though, just research I cited.

Why is fractional reserve banking (which is the core business model of your friendly, non-#TBTF community bank, if you're lucky enough to still have one) a folly?

"Since 2008, the global financial system has become more concentrated in important ways", some big banks "remain far too big to be allowed to fail", according to economist Simon Johnson ("13 Bankers"): https://www.project-syndicate.org/commentary/trump-rolling-back-financial-reforms-by-simon-johnson-2017-02 #TBTF