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In a speech at the Institute of Economic Affairs, delivered on 25 October 2012, Andrew Haldane – Executive Director for Financial Stability and member of the Financial Policy Committee – reviews the initiatives taken to solve the too-big-to-fail problem.
Published on
26 October 2012
He concludes that, while existing change initiatives are right in direction, they may be insufficient in degree. He then considers what supplementary policy options might be necessary to ensure that banking is “the right size”.
Press release