Topic
European Central Bank
The European Central Bank has recently conducted a unique exercise known as a geopolitical risk reverse stress test with its supervised banks, aiming to understand how financial institutions would react to severe global shocks rather than predicting specific future events. In this approach, regulato …
Tom Bilyeu
Richard Craib argues that the traditional financial system is fundamentally broken, characterized by excessive regulation and high barriers to entry that prevent young people from launching new banks or hedge funds. He posits that this regulatory environment creates a "class of compliance people" wh …