Advertisement

Big banking needs to be governed by stricter rules

Although Credit Suisse was a systemic and large bank, Silicon valley bank nor Signature bank, which also collapsed this month were certainly not and yet, they have sent shivers down the spine of governments, central banks, and even consumers worldwide. The banking rules are not strict enough according to Thierry Philipponnat, the Chief Economist with Finance Watch, the European NGO advocating to make finance serve society who spoke to Joe this morning.

Share this article

06.45 23 Mar 2023


Big banking needs to be governed by stricter rules



Share this article

06.45 23 Mar 2023


Although Credit Suisse was a systemic and large bank, Silicon valley bank nor Signature bank, which also collapsed this month were certainly not and yet, they have sent shivers down the spine of governments, central banks, and even consumers worldwide.

The banking rules are not strict enough according to Thierry Philipponnat, the Chief Economist with Finance Watch, the European NGO advocating to make finance serve society who spoke to Joe this morning.


Read more about

Breakfast Business

Related Episodes

AI: an bhfuilimid go mór i dtr...

00:17:58

AI: an bhfuilimid go mór i dtrioblóid?

Splanc

00:17:58


Moltaí na Seachtaine 11/7

00:06:02

Moltaí na Seachtaine 11/7

Splanc

00:06:02


Stair na gCluichí Gaelacha

00:22:10

Stair na gCluichí Gaelacha

Splanc

00:22:10


Spóirt: Ballaí íocaíochta, na...

00:22:40

Spóirt: Ballaí íocaíochta, na meáin agus Ben Healy

Splanc

00:22:40