Breaking up is hard to do, especially for banks

A return to Glass Steagall-type separations between commercial and investment banks is desirable, according to our readers, but we’re not holding our breath.

Breaking up is hard to do, especially for banks

Big banks are having a torrid time of it these days. First there was the financial crisis, for which most people blamed them, and now a spate of scandals that has cast the industry in an even worse light an achievement that few would have thought possible a year ago.

Indeed, the stink is now so bad that some people are calling for the re-introduction of Glass-Steagall, a post-Depression set of rules...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...