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Home | IIF proposes “bail-in” actions for failing banks |
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IIF proposes “bail-in” actions for failing banks
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- May 10, 2011
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The Institute of International Finance (IIF) is proposing a set of “bail-in” actions that it says could ensure failing banks’ losses are absorbed by shareholders and creditors, with no expectation of taxpayer bail-outs. With effective resolution essential to achieving long-term resilience and stability in the financial sector, the global association of financial services firms has [...]
- Read more at:http://www.bankingtimes.co.uk/2011/05/10/iif-proposes-bail-in-actions-for-failing-banks/
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