LONDON, April 1 Unless big banks can be closed
down easily, markets will continue to fragment and harm economic
recovery, Bank of England Deputy Governor Andrew Bailey said on
Regulators across the world are trying to solve the problem
of so-called "too big to fail" banks to avoid the market mayhem
caused when Lehman Brothers collapsed in 2008 and ensure that
taxapayers don't have to rescue major lenders which get into
"I am an optimist. My view is that we have to solve this,"
Bailey told a conference.
(Reporting by Huw Jones; Editing by Erica Billingham)