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Viewsroom

Robust banks impair pleas for lighter regulation

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 31 October 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

Lenders on both sides of the Atlantic are doing relatively well, despite concerns over the effect of shifting rates. In this Viewsroom podcast, Breakingviews columnists debate what is driving growth, and why CEOs are simultaneously bemoaning increased scrutiny from watchdogs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.0

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0:29.0

Terms and conditions apply.

0:30.5

The views expressed on this podcast are those of the participants, not of Rogers News.

0:39.8

You could have a fragmentation of the regulatory system, you could have different regions

0:44.8

going in different directions, and then potentially a race to the bottom.

0:50.5

The lurch from crisis to boom and back again never seems to end in banking.

0:57.0

After a stretched, overshadowed by bank failures big and small, and the stresses of sky-high rates,

1:04.0

the last few months saw a trading surge and even an incipient investment banking revival.

1:10.0

This is all happening just as fresh regulatory burdens raise questions about peak regulation,

1:16.6

a titanic election and an erratic interest rate path looms large.

1:21.6

Still, there's enough room for diverging fortunes, the hangover of Megadiel struck under duress, and some political

1:29.5

jockeying by the bosses of Wall Street, all of which is the focus of this week's

1:35.3

Newsroom.

1:40.3

Welcome back to the Viewsroom, the weekly podcast that invites you, the listener, into a lively debate with our fellow columnists about the biggest stories of the week.

1:47.4

I'm your host, Jonathan Gilford.

...

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