Trump seems popular so could he become US President again given the legal cases against him?
Many blame the failure of SV bank on the 2018 bank deregulation bill signed by Donald Trump, rolling back the regulations put in place by the Obama administration.
Basel 3 is just around the corner (starts 2025) and is already causing concern in the USA:
The Basel “Endgame” package will significantly increase banks’ capital requirements over-and-above their already historically high levels in the past several years, resulting in significant additional funding costs for businesses, consumers, and investors.
Banks’ balance sheets are already a bit shaky given the drop in bond and commercial property prices and increasing the banks’ capital requirements is going to be difficult. If Trump becomes president again it is going to be interesting to see what he does with Basel 3 given his track record.