2 ms·
are the costs more onerous for smaller banks or are they proportional to bank size?
by nielsbot 8y ago
are the costs more onerous for smaller banks or are they proportional to bank size?
- haneefmubarak 8y agoI imagine the costs can be somewhat seen along the lines of good old `y = ax + b`, where the coefficient `a` (variable cost) is more or less doable but the term `b` (fixed cost) is high enough that it turns into a non-starter for smaller banks.
- simonh 8y agoI seem to remember talk to the effect that the minimum cost for a small bank was something like $20m plus.