Bankunited CEO: Bank 'Way More Conservative' in Lending

The video discusses the economic recovery in New York and Florida, highlighting the role of small and medium enterprises (SMEs) in driving growth. David Malpass emphasizes the importance of optimism and new business creation, while noting current challenges. Miami and New York are identified as key areas for new business growth. The video also explores how banks have become more conservative in lending due to increased regulations, leading to a shift in lending from banks to non-bank sectors.

What are the implications of banks being more conservative in their lending practices?

In what ways has lending to small businesses shifted from traditional banks?