Re:The Collapse of SVB Exposes the Largest Crack in the Economy
by JumpCrisscross on Friday March 10, 2023 @08:02PM
(#35103796)
> What are the downsides to society if banks are less profitable?
The minimum viable size of a bank increases. Small, community banks can't implement Basel III. That's why they were exempted. How SVB was in a bucket with the Bank of Jackson Hole, however, is another question.
The minimum viable size of a bank increases. Small, community banks can't implement Basel III. That's why they were exempted. How SVB was in a bucket with the Bank of Jackson Hole, however, is another question.