4 ms·
I listened to an interview with an expert who explained that the US specifically lobbied that small banks are exempt from Basel 3 regulations. Europe doesn't h
by WeylandYutani 3y ago
I listened to an interview with an expert who explained that the US specifically lobbied that small banks are exempt from Basel 3 regulations.
Europe doesn't have 5000 banks they all merged decades ago.
- RandomLensman 3y agoEU has about 5000 banks as well, I think