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Exact(38)
He challenged Congress to do more to address the unwieldy size of financial institutions.
"The solution is not to cap the size of financial firms," he said.
Second, the subsidiary in the developing country may not have enough cash to meet the size of financial claims.
The growth in size of financial intermediation as a percentage of GDP has outpaced growth in the rest of the economy.
The model incorporates multiple sources of systemic risk, including size of financial institutions, direct exposure from interbank lendings, and asset fire sales.
The answer is regulation that limits the frequency and size of financial crises, combined with rules that let the government strike a good deal when bailouts become necessary.
Similar(22)
But ending the era of "too big to fail does not mean that we must somehow cap the size of financial-services firms.
In the past Britain played an important role in improving much of Europe's financial regulation, mainly because the size of its financial markets at home means it has some of the region's most experienced regulators.
While the company is not revealing the financial terms of the deal, the size of the financial services market — $100 billion annually — means even a cut might end up having a strong impact on FreedomPop's balance sheet.
The size of the financial reward seems to overcome the ethics we learned in school.
Capital standards are the lever a regulator uses to control the overall size of a financial institution.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com