And the Securities Commission is focused on improving the efficiency and fairness of the markets for securities (widely defined) of entities that raise funds in New Zealand. This approach recognises that in New Zealand systemic issues are central in the supervision of banks, whereas in non-bank financial services consumer-protection issues are more important.
We need to remember that depositor behavior can change, as it did in the high-interest-rate environment of the late 1970s and early 1980s. Conclusions The U.S. banking industry is healthy, strong, profitable, and well positioned to support economic growth and prosperity. Banks have been able to adapt to changing circumstances and still generate record profits.