How it felt: working in a bank has been like getting hit by a tsunami, but now the industry is getting back into its depth
What slammed into the banks was not seawater but a huge, moving wall of regulation that knocked bankers off their feet and left them fighting to survive as it battered them with the flotsam of falling earnings and shareholder discontent.
Now there are some signs that, for the first time in years, their feet might be touching the bottom. The regulatory buffeting might relent and, instead of struggling for survival, the industry might have time to star…
Read the full article at: http://www.efinancialnews.com/story/2016-05-23/easing-regulation-gives-banks-recovery-space