Contrary to popular opinion, bank capital is not a reserve to cover potential losses. In fact, even the ill-fated Silicon Valley Bank had adequate bank capital before it collapsed.
Banking’s Unique Business Model, And Why Capital is not a “Rainy Day Fund”
- April 8, 2024
- 0
- 86 Views
You Might Also Like
-
September 7, 2024
America Now Has Fewer Employed Workers than It Did a Year Ago
-
September 7, 2024
Conceptual Clarity in Dismantling Economic Jargon
-
September 7, 2024
Is Artificial Intelligence the Next Easy-Money Bust?