Global systemically important bank: Difference between revisions

Created page with "A '''global systemically important bank''' ('''G-SIB''') is a bank whose size, complexity, interconnectedness, cross-border activities, or other characteristics are considered capable of creating significant risks to the international financial system if the bank were to experience severe financial distress or fail. G-SIBs are identified under an international framework developed by the Financial Stability Board (FSB) and the Basel Committee on Banking Su..."
 
 
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\text{Financial Contagion}
\text{Financial Contagion}
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Greater interconnectedness can therefore increase the potential for financial distress at one institution to affect other parts of the financial system.
Greater interconnectedness can therefore increase the potential for financial distress at one institution to affect other parts of the financial system.