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Martin Wolf: Four ways to fix the bank problem

Financial Times   •
©The Financial Times Limited 2020 Mar 21, 2023 / 11:39 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

It is not clear how bad this crisis is going to be but reform is urgently needed

The intermediation might be done by banking institutions, but ones funded by a mixture of equity, bonds and time deposits, not sight deposits. (Representative image)

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