Stephen G Cecchetti spoke on the “too big to fail” issue for banks. He discussed Basel’s criteria for assessing global systemically important banks (G-SIBs) and the moves in the UK Vickers Report and the US Volcker Rule to address issues that have arisen. He also spoke on how the Basel framework is working to reduce too big to fail funding advantages. (Source: How To Cope with the Too Big To Fail Problem)