Assessment of the macroeconomic impact of higher loss absorbency for global systemically important banks
Macroeconomic Assessment Group established by the Financial Stability Board and the Basel Committee on Banking Supervision – Report: Assessment of the macroeconomic impact of higher loss absorbency for global systemically important banks, 10 October 2011 “Weaknesses at large financial institutions have often played a central role in the triggering and propagation of systemic financial crises. …