Becoming a Large Bank? It’s Not Easy

Rajlakshmi De and Hamid Mehran Size is usually seen as the leading indication of the costs that a bank failure would impose on society. As a result, the Dodd-Frank Act of 2010 requires banks to have adequate capital and liquidity to mitigate default risk and imposes additional requirements on larger banks to enhance their safety. … Continue reading Becoming a Large Bank? It’s Not Easy