Another option would be to impose more rules on the financial sector. Of course, some of the extra regulation that has been introduced was necessary. For instance, the Basel III rules which provide that capital ratios have to be raised. Yet, in my opinion, extra rules cannot solve all of our problems.
For every new rule will lead to creative solutions to evade that rule. By making new rules, we won’t make bankers less greedy, nor will we make them more ethical. Instead of overregulating every detail, we should focus on the decisions bankers make. This point – how decisions are to be made – deserves to be discussed in greater detail.