Revised EU Stress Test Would See 66 Banks Fail

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Group of 20 governments are considering naming as many as 50 banks as systemically important to the global economy and in need of extra capital, two officials from G-20 nations said.

The list, drawn up by Financial Stability Board Chairman Mario Draghi, will be published in time for a G-20 leaders meeting in Cannes, France, on Nov. 3-4, said the officials, who declined to be identified because the discussions are private. Regulators have said the banks named will be forced to take on more capital.
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http://www.bloomberg.com/news/2011-...fsb-list-of-systemically-important-banks.html

TBTF gets institutionalized. $.02
 
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