The Problems of Big Banks

I wrote an article in Financial Express titled The problem of big banks. On this subject, also see:

1. In the world of banks, bigger can be better, Charles Calomiris in the Wall Street Journal.
2. A three-way split is the most logical, by John Gapper in the Financial Times.
3. Narrow banking is not the answer to systemic fragility by Charles Goodhart.
4. See the section titled Regulatory and legislative reaction and the foreign exchange market in Lessons for the foreign exchange market from the global financial crisis by Michael Melvin and Mark P. Taylor on voxEU.