The high cost of too much capital
Reading Time: 3 minutesThe failures of Silicon Valley Bank, Signature Bank and First Republic Bank have prompted regulators to begin clamoring for major capital increases at larger banks. My question to Vice Chairman Barr was: Why?
Cryptocurrency: A solution without a problem
Reading Time: 2 minutesWhile we have heard a wide range of rationale, those concepts don’t seem founded in need as much as in justification.