Twenty-eight of the EU’s national governments gathered yesterday to discuss how the member states should deal with banks that are too-big-to fail. Banks that are over the 100 billion trading mark will be subjected to added scrutiny from regulators. According to Bloomberg, some financial institutions that fall under this category includes: Deutsche Bank, HSBC Holdings Plc, Barclays Plc, Commerzbank AG, among others.
In light of the financial crisis, which took down Lehman Brothers, a sprawling global bank, and ushered in a series of regulatory reforms, the EU is taking extra steps to ensure that future bank crisis can be handled without turning to government assistance.
