Presenting the family tree of systemically important, Too Big To Fail banks. Usually family trees grow up and out – not the case with banks.
We’ve come a long way from the early 1990s when risks were relatively compartmentalized and spread across a few dozen institutions. Sure the risks become more concentrated among fewer institutions but think of all the synergies that will be realized and think of all the shareholder value that will be created!
This reminds me of an old saying about eggs in a basket but I can’t remember how it goes…
Found via The Big Picture