Prof G Markets: Will Tesla Reward Elon and Move to Texas? + Bank Earnings and Basel Endgame
The Prof G Pod with Scott Galloway
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Banking Resilience and Regulation Debate
This chapter explores the strong first-quarter earnings of major U.S. banks, driven primarily by investment banking, while consumer banking struggles with decreasing net interest income. It examines the proposed Basel Endgame regulation aimed at increasing capital requirements for larger banks, balancing the need for stability against operational flexibility. Additionally, the chapter previews upcoming financial market events and discusses the author's new book, 'The Algebra of Wealth,' which focuses on wealth accumulation strategies.
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