By Patrick Sims, 202-822-1205, email@example.com
As the debate over appropriate financial regulation continues, proposals to break up global financial institutions endure. Notably absent in these proposals, however, is an acknowledgment of the consequences a break up of large financial institutions would have on the U.S. economy. This HPS report examinesﾠthe role the nation’s largest banks play in the global economy and the consequences U.S. businesses and consumers face if they are arbitrarily capped or broken apart.
Our analysis of the value of large financial institutions concludes that:
Patrick Sims is a Director of Research at Hamilton Place Strategies. Prior to joining HPS, Patrick acted as the lead research analyst in the financial institutions’ group at SNL Financial and worked for the CFA Institute. He is a finance and international business graduate of James Madison University and studied EU Policy at the University of Salamanca, Spain.