Big U.S. Financial Institutions: Why Size and Complexity Matter

October 16, 2012

Washington, D.C.
By invitation only


Speakers

Harvey Rosenblum, Phillip L. Swagel, Reena Aggarwal
Milken Institute-Georgetown University Congressional Briefing

Description

The Milken Institute Center for Financial Markets and the Georgetown University Center for Financial Markets and Policy in the McDonough School of Business will co-host this panel discussion for Hill staff.

Increased bank consolidation and continued concerns over systemic risk to the global economy since the financial crisis have caused some to argue that big banks should be broken up to protect American taxpayers. Others disagree arguing that markets can best dictate the appropriate size and structure of banks and that scale is critical in promoting efficient global credit markets and ensuring the competitiveness of US banks. This briefing will explore this ongoing debate of why size and complexity matter even after major reforms in the banking industry have been or are in the process of being implemented.

For more information on this briefing, please contact Dianna Dunne, Director of Government Affairs, at ddunne@milkeninstitute.org.