this post was submitted on 05 Jan 2024
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Mh, not necessarily. After 2009, many banks were just saved and not a lot else changed. Although admittedly, banks too big to fail have special monitoring and are subject to extra harsh rules, but they weren't broken up.
Parex failed, got bailed and nationalised as Citadele. Touche.
I didn't know about that one, thank you. I guess good examples are there, and I'll keep it in mind now :)