Too connected to fail

The "too connected to fail" (TCTF) concept refers to a financial institution which is so connected to other institutions that its failure would probably lead to a turnover in the whole system.[1]

  1. ^ Haldane, A.G. & May R. M. (2011). Systemic Risk in Banking Ecosystems. Nature. 469(7330): 351–5. doi:10.1038/nature09659.

Too connected to fail

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