They have in the UK at least - UK Banks have been forced to ringfence core retail banking, so that other arms could be allowed to fail, but customer banking be

They have in the UK at least - UK Banks have been forced to ringfence core retail banking, so that other arms could be allowed to fail, but customer banking be unaffected: https://www.gov.uk/government/publications/ring-fencing-information/ring-fencing-information https://www.gov.uk/government/publications/ring-fencing-info... Similar to Glass Steagall from 1933 in the US, which was watered down over decades and eventually repealed when we reached the end of history in 1999: https://en.m.wikipedia.org/wiki/Glass–Steagall_legislation https://en.m.wikipedia.org/wiki/Glass–Steagall_legislation Unfortunately it appears history is probably going to repeat in more ways than just cycles of crisis and financial regulation. I expect trade war and then global war in the next decade - we’ve reached around 1935 by my estimation.