IMF Highlights Problem GSIBs, GSII Worries, Underlying Fears about Central-Bank Unwinds
In this report, we assess the IMF’s in-depth assessment of global financial
stability which for the first time names those GSIBs it fears could pose a threat by
2019. That the Fund chose to single out so many banks for so much specific
scrutiny is surprising given longstanding official consensus that it is best to keep
problem-bank names carefully guarded. The IMF is keenly aware of the risk here,
but likely decided to name names because this report raises many structural fears
about financial stability and is surprisingly pessimistic about cross-border
resolutions.

SIFI22.pdf