The Big Picture
Vincent Boland: Bankers need to stop having hissy fits over regulation
Bankers are fighting back against the latest efforts to regulate them, but their special pleadings are becoming tiresome
The first anniversary of the banking industry’s most recent brush with crisis is perhaps not the best moment for the banking industry to throw a hissy fit about how the banking industry should be regulated.
Over a couple of weeks in March 2023, four mid-sized US banks and a giant European one either collapsed or were acquired by rivals in emergency rescues organised by regulators.
The US banks were Silvergate, Signature, Silicon Valley Bank and ...
