What is SIFI banking?

More than a few months ago I was set a challenge by some students to write a lesson about SIFI Banking. I discovered SIFI has nothing to do with science fiction (Sci-Fi) banking i.e. banking in the future! SIFI actually means ‘systemically important financial institutions’. The term was created in 2009 following the financial crisis of 2008.

Category: Business / Economic / Banking – SIFI