WASHINGTON — Sen. Richard Shelby raised concerns with bankers on Thursday that "too big to fail" would survive if a proposed $50 billion fund to help unwind failing financial institutions remains in the Senate's latest regulatory reform bill.

Senate Banking Committee Chairman Chris Dodd's bill would require that all institutions with more than $50 billion of assets contribute to the fund, which would be used only to resolve troubled systemically important institutions.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.