Regulators have spent the past few years ensuring that a repeat of the last crisis will not happen. However, as JPMorgan Chase CEO Jamie Dimon has highlighted in a letter to shareholders, these actions could only be serving to worsen the effects of the next crisis. And Brian Caplen thinks he may have a point...
Latest articles from Comment
The UK may have returned to growth, but with its budget deficit still dangerously high, the economy largely failing in its drive to develop non-banking sectors. Given the lack of political ambition to solve either of these problems, it is only a matter of time before it falls back into a recession.
An enhanced regulatory discipline recalibrated almost two years ago, conduct risk has served as a point of confusion for firms due to the lack of prescriptive guidelines provided by the regulator. However, this is no excuse for ignoring the issue.
The sovereign risk weight subsidy is an obvious target for regulators looking to shore up bank balance sheets, but getting rid of it will be easier said than done.
The addition of a Russian seat on the Society for Worldwide Interbank Financial Telecommunication's board of directors should not be interpreted as a political move by the organisation.
As the Bank of England is modernised, with clearer communications between central bank and the City of London at its core, Brian Caplen highlights the problems that a more formalised communications system may bring about.
Much of the success of the Turkish banking sector is down to the internal practices of individual lenders, says Akbank chairperson Suzan Sabancı Dinçer, which means that the sector can expect to remain resilient, even when wider economic conditions are not in its favour.
Most popular content
- Could fixing the old crisis make the next crisis more painful?
- How reform has revamped Mexico's banking market
- The Banker Top 500 banking brands 2015 Global Press release: For immediate release
- China's new tech-savvy banks: how private lenders could threaten the status quo
- The top five banks in Japan