JPMorgan's Ebrahim Says Lower WMP Yields Are Right Move

The video discusses the risks associated with wealth management products and the efforts by regulators to mitigate these risks. It highlights the need for increased transparency and the role of regulatory committees in overseeing these products. The discussion also touches on the responsibilities of banks and the government in managing financial risks, with a focus on reducing systemic risk and improving the economic environment.

In what ways have banks been perceived in relation to the risks of wealth management products?

What role does the government play in backing wealth management products?