Financial Stability Board List
On November 4, 2011, a policy research and development entity, called the Financial Stability Board, released a list of 29 banks worldwide that they considered to be "systemically important financial institutions" - financial organisations whose size and role meant that any failure could cause serious systemic problems. Of the list, 17 are based in Europe, 8 in the U.S., and 4 in Asia:
|
|
|
Read more about this topic: Too Big To Fail
Famous quotes containing the words financial, stability, board and/or list:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nations agenda. I proposed to act on my belief that regardless of a familys financial condition, education should be available to every child in the United Statesas much education as he could absorb.”
—Lyndon Baines Johnson (19081973)
“The message you give your children when you discipline with love is I care too much about you to let you misbehave. I care enough about you that Im willing to spend time and effort to help you learn what is appropriate. All children need the security and stability of food, shelter, love, and protection, but unless they also receive effective and appropriate discipline, they wont feel secure.”
—Stephanie Marston (20th century)
“Watteau is no less an artist for having painted a fascia board while Sainsburys is no less effective a business for producing advertisements which entertain and educate instead of condescending and exploiting.”
—Stephen Bayley (b. 1951)
“Religious literature has eminent examples, and if we run over our private list of poets, critics, philanthropists and philosophers, we shall find them infected with this dropsy and elephantiasis, which we ought to have tapped.”
—Ralph Waldo Emerson (18031882)