4 ms·
I don't have a comment about the USD itself but w.r.t. major banks U.S. regulators have been very invasively auditing risky asset holdings since 2008 and turned
by orangepurple 4y ago
I don't have a comment about the USD itself but w.r.t. major banks U.S. regulators have been very invasively auditing risky asset holdings since 2008 and turned up the heat in the past few years in the wake of the rise of fintechs and crypto. Both are major contributors to allowances for losses. U.S. regulators have a gun to the head of each major financial institution that has exposure to either and they don't take crap from them.