Banking Regulations: A Comparative Analysis

This chapter explores the disparities in banking regulations between Germany and the US, highlighting the looser leverage rules in Germany and the resilience of Canadian banks. It discusses the unintended consequences of post-Great Recession regulations that led to the consolidation of banks, impacting local economies. The conversation further examines the political implications of these regulations, the shift in views on globalization, and the potential for increased government control over the banking system.