“Time to go easy on banks” – a sign of the times


A couple of months ago I suggested that the wind had changed, with the primary focus of politicians and regulators shifting to the elusive revival of economic growth, and away from potentially counter-productive bank regulation such as Dodd Frank.

So interesting to see Reuters Breakingviews publishing an opinion piece entitled “Time to go easy on banks”, in which assistant editor Chris Hughes argues that “a little slack from regulators now might encourage [banks] to lend again”.

It’s beginning to look as if heavy-handed banking regulation of all kinds might be going out of fashion, as the risk of renewed financial-sector misbehaviour recedes and macroeconomic woes dominate policy-making.

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