Rowan observes global regulators favoring investors over banks, except China, but no sudden shift expected.
“But if you look at the trend with the exception of China everywhere in the world regulators are favoring investors over banks.”
Rowan argues regulators have only two choices for credit: banking system or investment marketplace, no third option.
“And regulators have only two choices as to where credit comes from. It can come from the banking system or it can come from the investment marketplace. There's no third choice.”
Rowan says regulators worldwide except China are favoring investors over banks, though not a sudden shift.
“But if you look at the trend with the exception of China everywhere in the world regulators are favoring investors over banks. That does not mean we're gonna see a sunshift.”
Rowan states regulators have only two choices for credit: banking system or investment marketplace.
“And regulators have only two choices as to where credit comes from. It can come from the banking system or it can come from the investment marketplace.”
Rowan argues regulators have only two choices for credit: banking system or investment marketplace.
“And regulators have only two choices as to where credit comes from. It can come from the banking system or it can come from the investment marketplace.”
Rowan says regulators globally are favoring investors over banks, except in China.
“But if you look at the trend with the exception of China everywhere in the world regulators are favoring investors over banks.”