It could make banks somewhat easier to  BIS central bankers’ speeches  3  resolve – that much is clear.
But there are three crucial points on which I have doubts and which should be discussed in more detail: •  I doubt that breaking up the banks would make them safe enough;  •  I doubt that breaking up the banks would ensure that they can fail without disrupting the system;  •  and I doubt that the proposal of breaking up the banks could be implemented in a suitable manner.