IMF's systemic risk findings called into question
Financial connectedness measure “not usually sharply aligned with systemic risk”, says Darrell Duffie
A report by the International Monetary Fund (IMF) that showed Deutsche Bank as having the greatest contribution to systemic risk among global systemically important banks (G-Sibs) may have relied on a flawed methodology, say academics and industry experts.
Published in June, the IMF’s Financial System Stability Assessment for Germany said that “among G-Sibs, Deutsche Bank appears to be the most important net contributor to systemic risks, followed by HSBC and Credit Suisse”.
The report’s
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