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Non-bank SIFIs: question of risk

“Is the term “systemically important” synonymous with safe or risky? AIG, Prudential Financial and GE Capital were labelled systemically important on Monday as part of US government efforts to spot risks to the financial system from outside the banking world. Some 18 banks with $50bn of assets or more already have the distinction as do some financial market “utilities”, namely clearing houses and the Chicago Mercantile Exchange.