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Saturday, November 5, 2011

REVEALED: The 29 Global Megabanks That Are Systemically Important And Too Big To Fail

REVEALED: The 29 Global Megabanks That Are Systemically Important And Too Big To Fail


too big to fail
The G20's enforcement agency found that 29 banks globally are too big to fail.
It published a long-awaited list of "systemically important" banks Friday. Banks on the list will have to cooperate with regulations imposed by the agency as well as the Basel Committee of Banking Supervision.

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