BFM Podcast

The Rethinking of The Banking Model

Tan KW
Publish date: Fri, 15 Apr 2016, 11:58 AM

Tim Mulholland, China-America Capital Company, Chicago

15-Apr-16 09:52

 
 

The trickling in of US Banks' first quarter results are a mixed bag. Many of the results reflect cost cutting which is a response to poor lending conditions.

 

The rejection of banks' living wills implies greater compliance costs going forward.

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