But what does regulation that makes it easier to start a bank look like? It seem... | Hacker News

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		l33t7332273 on Aug 8, 2023 \| parent \| context \| favorite \| on: Italy approves 40% windfall tax on banks for 2023 ... But what does regulation that makes it easier to start a bank look like? It seems hard to do without reducing requirements for cash on hand which, which can be a disaster.

gruez on Aug 8, 2023 [–]

> But what does regulation that makes it easier to start a bank look like?

https://en.wikipedia.org/wiki/Narrow_banking

l33t7332273 on Aug 8, 2023 | [–]

I have to wonder how competitive these banks are. Without being able to invest in anything other than government bonds, they lose out on a lot of money that bigger banks get.

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