2007-2009. The fear is that if a big bank gets into trouble, its problems will infect other financial institutions and … there are huge complexities at almost every level. What is “big?” How big is too big? What is a “bank?” What kinds of risk …-taking are appropriate for a bank – and why? What do we know about the costs and benefits of different strategies? This paper …

a national or "domestic" context. Under those circumstances it is therefore fortunate that, due to recent World Bank … the new data collected by the World Bank on the post-crisis regulation and supervision of SIBs by 135 countries around the …

“Too big to fail” traditionally refers to a bank that is perceived to generate unacceptable risk to the banking system … and indirectly to the economy as a whole if it were to default and unable to fulfill its obligations. Such a bank … of contagion if a bank fails. The main objectives in this paper are to identify the different dimensions of “too big to …

Purpose: The purpose of this paper is to discuss and then analyze the interdependency between bank and sovereign risk … evidence supporting the existence of significant bank and sovereign risk linkages. There are, however, different patterns in … the relationships across countries and even across banks within the same country. Also, higher correlations between bank …

responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to …