News Formal

John Walsh: The departure of two systemically important banks shows regulation has gone too far | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The departure of two systemically important banks shows regulation has gone too far, writes JohnWalsh09.

Ulster Bank will exit the Republic Ireland market later this year, further reducing choice for both business and personal customers

The decision-making process in Ireland is usually paralysed by often needless scrutiny, yet two systemically important banks are about to leave the Irish market and their departure has barely registered with government or opposition politicians. There has been none of the usual hand-wringing that accompanies the loss of jobs and investment.

At the start of 2021, there were five retail banks servicing the Irish market. By the end of the year KBC and Ulster Bank...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 8. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Highest civil service post only open to those in the sector | Business PostThe government will not seek applications from the private sector to succeed top mandarin Martin Fraser when he leaves the job later this year obraonain In other words: You have had to pass all the filters that ensure that you are a 100% entitled and useless bureaucrat.
Källa: businessposthq - 🏆 8. / 71 Läs mer »