Bankunited CEO: Bank 'Way More Conservative' in Lending

The video discusses the economic recovery in New York and Florida, highlighting the role of small and medium enterprises (SMEs) in driving growth. David Malpass emphasizes the importance of optimism and new business creation, while noting current challenges. Miami and New York are identified as key areas for new business growth. The video also explores how banks have become more conservative in lending due to increased regulations, leading to a shift in lending from banks to non-bank sectors.

What is one of the key factors that can stimulate economic growth according to the video?

• Reducing taxes

• Higher interest rates

• Optimism and starting new businesses

• Increased government spending

Which city is mentioned as having the highest concentration of new businesses in the U.S.?

• New York

• Chicago

• Los Angeles

• Miami

How have banks changed their lending practices to small businesses?

• They have become more conservative

• They have increased interest rates

• They have stopped lending altogether

• They have become more lenient

What has been a consequence of increased regulation on banks?

• Banks have increased their risk-taking

• Banks have expanded their lending to small businesses

• Banks have been retrained to be more conservative

• Banks have reduced their compliance costs

Where has a lot of small business lending moved to, according to the video?

• Back to traditional banks

• To international lenders

• To the non-bank sector

• To government programs