Nonsense and bad rules persist in banking
Anat Admati debunks the misconceptions propagated by financial executives and economists opposed to regulatory reforms
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Anat Admati debunks the misconceptions propagated by financial executives and economists opposed to regulatory reforms
With unlikely allies, big banks are resisting regulators’ plan to strengthen them.
She literally wrote the book on banks behaving badly. A decade on, it’s more relevant than ever. Now with a new edition on the presses, US academic Anat Admati tells Nico Aspinall why the industry continues to learn nothing from history
It’s “a surprisingly slippery concept,” he says.
Two months after the collapse of Silicon Valley Bank (SVB), triggered by a social media-fuelled panic, banking executives ...