Too Big To Fail Banks Benefit Society, Says Too Big To Fail Bank

Mark Gongloff, Huffington Post Wow, guys, you’ll never guess who thinks too-big-to-fail banks are super great for society! OK, you’ll guess: It’s a too-big-to-fail bank. In a research note published last week titled “Universal banks: Optimal for clients and financial stability,” Deutsche Bank analyst Jan Schildbach makes the Panglossian argument that the mega-bank model pioneered by Citigroup […]