December 10, 2016
When are regulators grilling Citi to be grilled on their own responsibilities for causing the 2007-08 crisis?
President Trump. Bankers have already way too much representation. Give the much-needed “risky” borrowers more voice
Sir, I refer to Sam Fleming’s and Alistair Gray’s “Bank’s president is latest alumnus to be tapped for a senior White House job” December 10.
Current bank regulations overtly favor banks earning much higher expected risk adjusted returns on equity when lending to something perceived as safe, than when lending to something perceived as risky, like to SMEs and entrepreneurs.
That of course delights bankers but the other side of the coin, is that the real economy is not getting its credit needs efficiently satisfied.
Therefore Trump would do a lot better assuring the perspective of “borrowers” is more represented in his government, than the clearly overrepresented perspective of bank lenders.
PS. I would love for Trump to convene the regulators and ask them a set of questions that they refuse to answer to someone as powerless as me… that is unless perhaps I threaten them with going on a hunger-strike.
December 09, 2016
When there is no contestability whatsoever, perhaps a disrupting referendum is the citizens' only option
December 08, 2016
For tax cuts to work, regulations that distort the allocation of bank credit to real economy must first be removed
Are risk weights of: Sovereign 0%, We the People 100%, imposed arbitrarily by regulators, compatible with democracy?
December 07, 2016
ECB’s policy makers, without corrective glasses, have no chance of reading the economy’s real signals.
Shame on you bank consultants! For a quick buck, you sacrifice the future of our children and grandchildren
Damages by Euribor rigging are peanuts compared to bank regulators’ rigging of credit allocation to the real economy
Martin Wolf is still unconcerned with the distortion in credit the risk weighted capital requirements for banks cause
Current bank regulating technocrats posing as scientifically knowledgeable are just vulgar impostors.
December 06, 2016
The way FT insists in treating bank regulators so gently, can only lead us to conclude it is part of the establishment
December 05, 2016
Europe, if you do not remove current risk weighted capital requirements for banks, no stimulus will really help.
December 04, 2016
The fiscal accounts of most nations seem to be out of whack. Universal Basic Income would help regain much order
December 03, 2016
Is “crony capitalism” the right term for what’s going on? Crony statism seems a much more precise label.
December 02, 2016
That banks have strengthened is pure wishful thinking, as most of it is the result of weakening the real economy.
Trump should make certain that “risky” Main-Street borrowers, like he, are invited to Basel, Davos or a Dagenham.
December 01, 2016
Because of risk-weighted capital requirements, banks can turn out riskier when engaging in regulatory “risk-shedding”
Using Basel Committee’s standardized risk weights could also be worse than using banks' internal risk models.
Any regulator stress-testing banks that ignores what should be on the balance sheets and is not, should be fired!
November 29, 2016
Europe, Basel Committee’s risk weighted capital requirements for banks, is the kiss of death for your real economy.
November 27, 2016
Why do bank regulators still allow few human fallible credit rating agencies to have so much regulatory influence?
November 26, 2016
November 25, 2016
What about suing bank regulators for malpractice; and those who falsely promised us rose-garden type pensions?
November 24, 2016
Dominic Rossi: Populist bank regulation “strongmen” have promoted the state apparatus ever since 1988’s Basel Accord
Sir, Joan Williams writes: “working-class whites who feel abandoned by professional and business elites. A few…have noticed their pain, but for the most part elites’ social consciences have been aimed elsewhere, at ending racism or sexism, at environmentalism or eating food that is sustainably farmed.” “Cluelessness about class means we miss Brexit lessons” November 24
November 23, 2016
How do you build a wall against the robots, the biggest threat for manufacturing workers here and there?
November 22, 2016
If we want good governments, for all, we must lighten the politician’s redistribution profits… sorry I meant burdens
November 21, 2016
Math teacher Lucy Kellaway, before leaving FT, please explain to bank regulators the difference between a sum and an average