James McAndrews on Narrow Banking

Penn‘s Exchange: Markets & Cooperation
31/10/2022 41 min Episodio 18
James McAndrews on Narrow Banking

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Episode Synopsis

Narrow banks are depository institutions that focus on investing in federal reserve deposits and pass on most of the interest accrued to their respective depositors. Dr. James McAndrews, CEO of TNB USA Inc., will help us unravel what role narrow banking can play in modern financial systems.

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