FOXBusiness.com: BIS lays out "simple" plan for how to handle bank failures

FOXBusiness.com FOX Business Network - The Power to Prosper

BIS lays out "simple" plan for how to handle bank failures Jun 2nd 2013, 19:15 Central bank forum the Bank for International Settlements laid out a blueprint on Sunday for how to recapitalize a major lender in the event of a failure, seeking to avoid the sort of chaotic ad hoc rescues seen since 2008's financial crash.

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