In fact, some credit institutions are still considered too big to fail "in terms of size, complexity and interconnections", underlines the number one of the International Monetary Fund, and "this is unacceptable".
Lack of progress in the face of shadow banking issues are "worrying". This was stated by the number one of the International Monetary Fund, Christine Lagarde, in a speech prepared for the Frankfurt Finance Summit.
Lagarde then recalled that the problem of the "too big to fail" banks still needs to be resolved. In fact, some lenders are still considered too big to fail "due to size, complexity and interconnections". And “this is unacceptable”.
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