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But he said he was not concerned about zero-down loans posing a systemic risk to the banking industry, because they were still just a small market.
Last year, projects such as those on Greenpeace's list were labelled "sub-prime" assets posing a systemic risk to economic stability by a group of high-profile investors, politicians and scientists.
The huge reserves of coal, oil and gas held by companies listed in the City of London are "sub-prime" assets posing a systemic risk to economic stability, a high-profile coalition of investors, politicians and scientists has warned Bank of England's governor, Sir Mervyn King.
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Although it would be highly unusual for the government to review the compensation of executives in most other industries, big banks pose a systemic risk to the system and in 2008 pushed the economy to the brink.
Under Dodd-Frank, a council of regulators must designate the financial firms — including mutual funds, insurance companies and hedge funds — that pose a systemic risk to the financial system.
And a recent open letter to the Bank of England that included signatories from Oxford University and the London School of Economics admonished the bank to "investigate how the U.K.'s exposure to high-carbon investments might pose a systemic risk to our financial system".
The Dodd-Frank financial overhaul law requires the newly created Financial Stability Oversight Council to identify specific nonbank financial firms - mutual funds, hedge funds, private equity shops - that pose a systemic risk to the financial system.
The trouble is that VC has been lumped in with things which pose a "systemic risk" to the financial system, when that's not the case at all.
"[But] I don't believe this problem poses a systemic risk to the Chinese banking system". ICBC reported a pre-tax profit of 215 billion yuan ($32.6 billion) in 2010, including a 28 billion yuan ($4.2 billion) charge for expected loan losses.
The Obama administration argues that it has not found any evidence to date that would pose a systemic risk to the nation's financial system.
The national central bank alone, looking at the domestic market, would not be able to judge whether the failure of the bank would pose a systemic risk to the euro-area's banking system.
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CEO of Professional Science Editing for Scientists @ prosciediting.com