Bank investors still don’t think bail-in will happen, FSB told

Printing money

Investors in bank debt still assume governments would bail out a large bank rather than bail in bondholders, a global watchdog has been warned by analysts and former regulators.

“The market thinks you will still blink when it comes to it,” said Paul Tucker, chair of the Systemic Risk Council, which focuses on the US and Europe. He was addressing a virtual workshop on September 4 organised by the Financial Stability Board.

Tucker, a former deputy governor for financial stability at the Bank of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: