U.S. Banks Rank High In Systemic Importance: OFRMani
A comparison of several of the largest U.S. banks with other global systemically important banks around the world reveals that the U.S. banks rank high on measures of systemic importance, notes OFR.
Office of Financial Research in its August 4, 2015 report titled: “A Comparison of U.S. and International Global Systemically Important Banks” highlights a potential weakness in the Basel Committee’s scoring methodology.
Basel’s systemic importance indicators and scores
According to the OFR report, the Basel Committee on Banking Supervision’s . . .
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