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63 central banks are implementing Basel III which includes the widespread practice of “bail-ins” to rescue failing banks
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63 central banks are implementing Basel III which includes the widespread practice of “bail-ins” to rescue failing banks

by Rhoda Wilson, Expose News: Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III. Basel III includes wide acceptance of bail-in as a way of rescuing failing banks. Unlike a bailout, which involves external assistance (often from taxpayers), a bail-in restructures the bank’s liabilities internally […]
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