Banks have enjoyed something of an unlooked-for reprieve during the COVID-19 crisis. Over the last decade, the industry was subject to increased regulatory scrutiny and public scorn triggered by misconduct scandals. During the coronavirus shutdown, however, banks have been critical partners to policymakers struggling to prevent a full-blown depression. Amidst such efforts, regulatory supervision has been partly suspended, to allow the industry to focus on the provision of economic relief.
This content is available to Members. Registered Observers can also access this article with a free account.
Members have full access to all articles and related content from past Compendium and Starling's regular updates and reports.
Observers can access a limited number of articles and may purchase articles on an ala carte basis.
Click the ‘Join’ button below to join Starling Insights or register for free as an Observer.