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Five Steps to Stop the Next Run on America’s Banks
Bloomberg | Opinion
|
Fri, Mar 24, 2023
by
William C. Dudley
Body
If bank executives' compensation "shifted away from cash and equity toward subordinated debt that they had to hold for several years, they would be less inclined to take the kinds of risks that could lead to failure," says BWC chair Bill Dudley.
To continue reading at
Bloomberg | Opinion
, click here.
Five Steps to Stop the Next Run on America’s Banks
Bloomberg | Opinion | Fri, Mar 24, 2023
by William C. Dudley
Body
If bank executives' compensation "shifted away from cash and equity toward subordinated debt that they had to hold for several years, they would be less inclined to take the kinds of risks that could lead to failure," says BWC chair Bill Dudley.
To continue reading at
Bloomberg | Opinion
, click here.