The financial crisis 12 years ago triggered a vigorous debate on whether large banks had become too big from the standpoint of financial stability, enforceability of law, and a sustainable political economy of financial oversight. In the meantime, the environment has changed, but the potential challenges posed by “megabanks” have not disappeared.
Joining this episode of Financial Statements were:
Nicolas Véron, Senior Fellow, Peterson Institute for International Economics (PIIE)
• Arthur Wilmarth, Professor of Law, George Washington University Law School, and author of Taming the Megabanks (Oxford University Press) [presentation]
• Anna Gelpern, Nonresident Senior Fellow at PIIE and Agnes N. Williams Research Professor at Georgetown Law
About This Series
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.