PIMCO possibly next TBTF …..

U.S. regulators are now considering whether PIMCO should be deemed a “systemically important financial institution” – that is, too big to fail, and thus subject to tighter regulatory oversight.

The concern: The juggernaut manages so much money for pension funds that it could hammer the economy if it ever went under. The firm has doubled in size to $1.36 trillion in assets since the collapse of Lehman Brothers in 2008.

Article Continues Below

The firm is lobbying hard to fend off the “systemically important” designation, according to regulatory disclosures



Follow IWB on Facebook and Twitter