Can regulation make banks less safe? What has happened in the past week certainly seems to suggest so. Three large European banks – Barclays, Deutsche Bank and Société Générale – moved to partly dismantle one of their main bulwarks against another liquidity crisis: their massive cash reserves.
监管可能让银行变得更不安全吗？最近发生的事情似乎表明，情况的确如此。欧洲三大银行巴克莱(Barclays)、德意志银行(Deutsche Bank)和法国兴业银行(Société Générale)采取措施，部分拆掉了防范又一场流动性危机的支柱之一：它们的巨额现金储备。
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