10 See for example, Battiston, Stefano, Farmer, J. Doyne, Flache, Andreas, Garlaschelli, Diego, Haldane, Andrew  G., Heesterbeek, Hans Hommes, Cars, Jaeger, Carlo. May, Robert, and Scheffer Marten, (2016), ‘Complexity theory and financial regulation’, INSIGHTS | PERSPECTIVES, February 2016, Vol. 351, issue 6275. Available here. Also see for example, Arthur, W. Brian, (2014), From Complexity and the Economy, Oxford University Press, 2014.
The big banks would be affected, too: in particular, they would suffer losses in their trading business and need to increase risk provisioning in their lending business. Owing to good capitalisation, however, none of the large institutions would run into difficulties. In light of the extreme scenario, that’s a gratifying outcome for the stability of Germany’s banking sector. 5.