Gorman: U.S. Banking Industry Is in Good Shape

The video discusses the state of the financial sector, highlighting its good shape due to regulatory measures like increased capital and liquidity levels. It addresses the interest rate rigging scandal involving major banks and the importance of maintaining public trust by eliminating collusive behavior. The speaker emphasizes the need for the industry to operate with integrity and the fairness of imposed fines.

What is the current state of the financial sector according to the speaker?

What actions have regulators taken to improve the banking industry's stability?

What was the outcome of the interest rate rigging investigation mentioned?

What does the speaker believe is necessary for the industry to regain public trust?

How does the speaker view the fines imposed on banks for misconduct?