Tag:

Systemically Important

Latest Headlines

Latest Headlines

Financial firms aim to stay off the systemically important list

In the words of a Fortune pundit, the "wind-down plans" that systemically important financial services firms will eventually have to file look a lot like living wills. The comparison is interesting.

The fight to stay off the systemically important list

Recall that Dodd-Frank directed the Financial Stability Oversight Council to decide which nonbank financial firms should be designated "systemically important," a distinction that might earn them the