Smaller banks shut out by new regulations
According to FX Week’s sister online news service Risk.net, at a Chatham House conference speakers warned of the unexpected side-effects of tighter financial regulation.
Large banks and non-bank financial institutions will emerge the winners after post-crisis tightening of financial regulation, with smaller banks set to suffer, they said.
The conference was held under condition of anonymity. One speaker pointed out that non-bank financial institutions would profit from less competition in markets
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