Market Reforms ‘Reduced, But Not Eliminated’ Too Big To Fail: GAO – ValueWalk Premium
GAO estimate funding costs too big to fail

Market Reforms ‘Reduced, But Not Eliminated’ Too Big To Fail: GAO

The US Government Accountability Office (GAO) has released the long-awaited findings on the impact that Dodd-Frank and other market reforms have had on too big to fail, and specifically whether large banks benefit from a real or perceived government guarantee with lower funding costs than their smaller competitors.

“We found that while views varied among market participants with whom we spoke, many believed that recent

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