Bischoff: 'Some Way to Go' on Public Trust of Banks

The video discusses whether banks have regained public trust post-financial crisis. It highlights improvements in financial performance, capital levels, and regulatory attention. Mervyn King's book suggests little has changed structurally in banking, but the speaker disagrees, noting changes in capital and liquidity regimes. The focus is on ensuring banks can resolve issues independently without relying on central banks.

What factors have contributed to the restoration of public trust in banks?

What is the significance of the quote from Mervyn King regarding the financial crisis?

How has the capital regime changed since the financial crisis?

In what ways are boards of banks more circumspect now compared to the financial crisis?

What measures are authorities taking to ensure that taxpayers are not the lender of last resort?