Business

摘要

The Financial Stability Board, which advises the G20 group of countries, said that the world's 30 biggest banks should raise up to $1.2 trillion in loss-bearing debt on top of their equity capital. By compelling banks to issue debt that can be written down in times of trouble, the goal is to make creditors liable for a bank's failure, rather than taxpayers. Under the proposals a bank would fund at least 18% of its risk-weighted assets with such debt and equity by 2022. Mark Carney, the governor of the Bank of England, who also chairs the fsb, said that if adopted by regulators, the plan would "support the removal of the implicit public subsidy" enjoyed by banks that are "too big to fail".