Will big banks ever fail? Or is the government too afraid to let them fail? What's your opinion on this?
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Will big banks ever fail? Or is the government too afraid to let them fail? What's your opinion on this?
I guess they some banks are deemed to fail but some clever banks wont ever claim they will fail.:rolleyes: Just recently I have read that banks charged customers fewer overdraft fees in 2011 that in 2010. However, on an average, the fees were higher. The financial research firm Moebs Services released the findings in its latest yearly survey of the overdraft market.
Banks do not follow proper guidance given from bank authority they fail.
Two years after President Barack Obama vowed to eliminate the danger of financial institutions that are too big to fail, the nation’s largest banks are bigger than they were before the financial meltdown. Five banks—JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS)—held more than $8.5 trillion in assets at the end of 2011, equal to 56 percent of the U.S. economy, according to the Federal Reserve. That’s up from 43 percent five years earlier.
Failing of a business depends on how that people run it. To have a peaceful heart be with the bank whom everybody trusted.
I don't understand your question, can you extent it little more. What you want to say in actual.?
Yes I agreed wit u ....big r small indian banks never follow guidance.......