Barclays Estimates ‘Too Big To Fail Subsidy’ Of $2-6 BillionMani
Barclays PLC (NYSE:BCS) (LON:BARC) estimates the too-big-to-fail subsidy that accrues to systemically important financial institutions at $2 billion to $6 billion per year.
Brian Monteleone and the team at Barclays PLC (NYSE:BCS) (LON:BARC) in their recent credit research report, feel some of the estimates pegging the funding advantage at a high $83 billion are flawed. This astronomical sum is the equivalent of the entire annual profits of these major financial institutions.
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