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Two sources familiar with the plans said, the world’s top banks could count surplus capital towards their new buffers of special bonds that could be called on in a crisis to shield taxpayers. The proposed rule is a crucial piece in a jigsaw of tougher rules for making banks safer after governments had to shore up lenders during the 2007-09 financial crisis.

“Exclusive: G20 Finalizing Flexible ‘bail In’ Bond Deal For Banks: Sources” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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