The global financial crisis of 2008-9 placed the ‘too-big-to-fail' issue at the forefront of public and regulatory debate. This paper presents a comparative study of regulatory measures taken to address this issue in Switzerland and Australia. Australia's banking system was distinguished from...

Legal systems impose varying degrees of fiduciary duty on the banks. This paper analyses three models, thereby pointing out the differences between them. First, the Anglo-American model, which does not inherently consider the bank-customer relationship as a fiduciary one, yet it states...