This Is the Impact of Billions Flowing Into Private Credit
Odd Lots
00:00
The Value of Personalized Banking and Regulation's Impact
The speaker reflects on the failure of banks that prioritized private client relationships in 2023, expressing a belief that bankers should focus more on understanding clients' needs. However, the banking market did not support this approach. The conversation then shifts to discuss how regulation, such as leverage lending guidelines, was designed to curb risky activities in the banking sector. This led to certain activities being pushed into the shadow banking system. The speaker also mentions a historical correlation between commercial and industrial bank lending in the US and US GDP, highlighting the impact of such lending on economic growth.
Transcript
Play full episode
