
Listener mailbag with Martin Wolf & more
Behind the Money
The Importance of Interest Income for Banks and Regulatory Changes Since the Global Financial Crisis
The speakers discuss the significance of interest income for banks and its role in the economy. They highlight the interconnectedness of the banking system and the impact of regulatory changes since the global financial crisis, particularly the increase in bank capital and the role of equity. The chapter also explores the factors that determine a bank's robustness and the two regulatory changes that have affected the banking system.
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