Basel III and the impact on reducing the G-SIFI's systemic risk

Összefoglaló

"Imagine a game of dominos, one falls, everything falls, a chain reaction with nothing coming in between. If you remove a piece or two then, the risk of a chain reaction is mitigated. In the book, the dominos are the big financial institutions (G-SIFI's) and, the structure of the financial system is built by the linkages and interconnections between them, especially, what sets them apart. The book provides a structured approach in decoding the balance sheet vulnerabilities and, it is taking a closer look at the systemic risk they represent." - Ioan A.Olariu