BofA's Moynihan Touts Bank Regulation Change Impact

BofA's Moynihan Touts Bank Regulation Change Impact

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the perspectives of bank CEOs like Brian Moynihan on regulation, capital requirements, and growth strategies. Moynihan suggests that smaller banks struggle with regulatory burdens and highlights the potential for increased revenue if capital requirements are adjusted. The conversation contrasts Moynihan's cautious approach with Jamie Dimon's experience during the financial crisis. The focus is on generating revenue through basic banking as interest rates rise, with a potential shift in strategy anticipated in 2017.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of scaling back regulations for smaller banks according to the discussion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Brian Moynihan view the capital requirements imposed on banks?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the potential return to a 'Golden Age' for investment banking?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do the experiences of Brian Moynihan and Jamie Dimon differ regarding the financial crisis?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the statement about making money off of basic banking?

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