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Big Quote by Sharan Burrow

“Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.” quote by Sharan Burrow
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“Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.”

Sharan Burrow

About This Quote

Source Speech: Global Financial Forum, 2021

Large banks' size creates systemic risk; limiting their risky behavior protects economies.

In simple terms: Big banks' risk harms economies.

Key Takeaway

Regulate to curb excessive risk.

Themes

finance risk regulation

Mood

analytical concerned

Type

policy economic

When to use this quote

  • policy making
  • bank oversight
  • financial crisis prevention

Key Concepts

systemic risk too big to fail

Questions to Reflect On

  • How to balance stability and growth?
  • What alternatives to size limits exist?
A Different Perspective

Regulation may stifle innovation.

3.3 out of 5 (4 ratings)

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