Navigation

2013-02-18 — reuters.com

``The plan's intent, to protect senior creditors by making banks issue a layer of long-term subordinated debt, seems on the right track. Requiring at least five years to maturity could help to keep banks' funding more stable in a credit crunch. That ought to make government intervention less necessary and protect the economy from systemic risk.''

go to full article | permalink to this | forum thread | | RSS | Subscribe by email!



Comments: Be the first to add a comment

add a comment | go to forum thread