This is the result of an analysis performed by Markus Schuller for OECD Insights, following his participation in the OECD Financial Roundtable on bail-in instruments. Or as Bloomberg titled: a high-yied investment with a hand grenade attached.

He reflects on the unfinished work in re-regulating capital markets, the lack of effective resolution regimes for big banks and related systemic risk triggers.

Enter your e-mail to download this article