Banking Giants Learn Cost of Preventing Another Lehman Moment
- FSB publishes final total loss-absorbing capacity standards
- Banks may resume bond issuance put on hold as rules prepared
Do U.S. Banks Still Pose Systemic Risks?
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Seven years after the collapse of Lehman Brothers jolted the global economy, the world’s biggest banks may need to raise as much as $1.2 trillion to meet new rules laid down by financial regulators.