Thiam on Raising Capital: Never Say Never

The video discusses the strategic considerations of raising capital, emphasizing the importance of maintaining a buffer for uncertainty. It also explores the potential benefits and challenges of consolidation in the European banking industry, highlighting the role of mergers in creating stable organizations. The discussion touches on regulatory challenges and the notion of 'too big to fail' as obstacles to consolidation.

In what ways does the speaker suggest that mergers can lead to a more stable banking organization?

What challenges does the speaker identify regarding the idea of creating larger banks?