Banking System
topic on 8 shows · 11 statements across 11 episodes
Innovators & Investors 
the Neon Show 
Invest Like the Best 
Capital Allocators 
the a16z Podcast 
All-In 
TBPN 
20VC
11 statements about Banking System, every show
O'Driscoll: Non-lending fintech giants like Revolut threaten banking economics
“At some point we're going to have to deal with the fact that the largest bank by market cap Doesn't do much lending, and that's actually going to be a real problem in the aggregate because the whole point is of banking is to recycle savings into lending.”
Luckey argues banks are antiquated intermediaries necessitated primarily by government regulations
“In a way, the existence of a bank, to me, is almost this antiquated thing, like you would hope that companies could really just do all of this stuff themselves, or at least most of it themselves but the regulatory climate, the way that the banking system works…”
Dusek: African banking systems are more advanced than the US
“So banking systems in Africa, for example, tend to be infinitely more advanced than
The US, for example, because they've had to digitize much more rapidly than the US has”
Milgram: Middle-Market Companies Still Get Most Capital From Banks
“The middle market continues to get most of its capital out of the banking system.”
Shenoy: Investors Must Beware PSU Banks as Bad Loan Behaviors Return
“The issue now has become that the banking system has started to go back. So you should be careful that public sector banks, which we are talking about, that it's good, good, good. One situation which had made them better, the signs of it becoming worse are bac…”
Collins: US banking system won't recover until Fed cuts rates 400 bps
“Nothing's going to change until the Fed cuts rates, 400 basis points.”
Sacks warns persistent inflation will force rate hikes and break more banks
“If inflation remains persistently high, Then the fed won't be able to lower interest rates. So they'll need to keep them elevated. They might even need to keep raising them. And if that happens, they'll continue to be incredible stress on the banking system an…”
Carney: Banking system has six times the loss absorbency of 2008
“The system as a whole has more than six times the loss absorbency it had then. It has much higher liquidity across the system.”
Sacks: Banking system incentives encourage high-leverage gambling with depositor funds
“They're highly leveraged. The deposits, from their standpoint, are leveraged. They're leveraged 10 to one. So their incentive is to go to the casino and gamble it because they get to keep all the upside, and if they lose it, It's basically someone else on the …”
Sacks: California legal cannabis industry fails due to lack of banking access
“The reason why the legal cannabis industry isn't working at all in California is because they can't bank, they can't take payments, so it's this weird all-cash business that makes no sense.”