3 ms·
I would hope that a big bank is not chasing 'cool and shiny' things, but rather is chasing useful and 'safe' things.
by madeofpalk 8y ago
I would hope that a big bank is not chasing 'cool and shiny' things, but rather is chasing useful and 'safe' things.
- tootie 8y agoThey chase profits. These businesses tend to be very siloed and if they lose money on a new business venture, it's their money that's lost and not depositors. They are probably absorbing a tiny fraction of the risk they absorbed by making shaky but traditional investments in the early 2000s.