A brief observation on over-regulating banks
Spotted this in a recent issue of the FT (17/2, long, boring story as to why I chanced upon it):
"Research by JPMorgan published today says that, if all the changes proposed by politicians and regulators were implemented, big banks would have to increase prices on products such as mortgages and corporate loans by 33 per cent to offset a fall in projected return on equity from 13.3 per cent to 5.4 per cent".
Imagine the howling from those who currently love bashing the banks if that came to pass...
"Research by JPMorgan published today says that, if all the changes proposed by politicians and regulators were implemented, big banks would have to increase prices on products such as mortgages and corporate loans by 33 per cent to offset a fall in projected return on equity from 13.3 per cent to 5.4 per cent".
Imagine the howling from those who currently love bashing the banks if that came to pass...
Labels: brief observations, business
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on Thursday, February 25, 2010 at 12:37 pm.
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