This Finance survey examines (a) The trend of consolidation in the US banking sector will lead to fewer, but more profitable, mega-banks with over $250 billion in assets dominating the market; (b) The current liquidity and capital regulations are inadequate to address run risks of banks in a digital era
Keyword: capital
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This Finance survey examines (a) Since maturity transformation is an inherent feature of commercial banks' business model, some duration mismatch between assets and liabilities is unavoidable; (b) For the purposes of capital regulation, banks should be required to mark their holdings of Treasury and Agency securities to market at all times (even though their loans are not marked to market)
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