Mike Mayo Sees 'Gut Punch' for Biggest Banks in Basel III Endgame

The video discusses the impact of Basel 3 and FDIC regulations on banks, highlighting the performance of large banks compared to regional ones. It explores the Basel 3 end game, its implications for competition and cyclicality, and the associated regulatory costs and risks. The video concludes with a debate on banking risks, focusing on credit, market, and operational risks.

In what ways have regulators aimed to ensure a resilient banking system?

What are the three categories of risk mentioned in the context of banking regulations?