The future of banking: You’re boring. Get used to it | The Economist


The result is an industry that has become safer and duller than many realize.

America’s eight behemoths used to have 23 times more loans and investments than loss-absorbing capital;

if a twenty-third of their assets had had to be written off, they would have gone bust.

Now they are only 14 times “levered”.

via The future of banking: You’re boring. Get used to it | The Economist.

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