The FinReg Pod Bank Capital and the Death of Basel Endgame
Professor Anat Admati, co-author of The Bankers’ New Clothes, discusses the new and expanded edition of her groundbreaking book. Anat and Lee reflect on the persistent fragility of the banking system, the Federal Reserve’s Basel Endgame proposal, and the future of international regulatory coordination. Anat also shares her insights on why stronger bank equity requirements are essential and how myths perpetuated by the banking industry continue to shape public policy.
Related Links:
The Bankers’ New Clothes | Princeton University Press
Nonsense and Bad Rules Persist in Banking by Anat R. Admati - Project Syndicate
What is bank capital? What is the Basel III Endgame?
Speech by Vice Chair for Supervision Barr on Basel III endgame - Federal Reserve Board