American banks functioned less than regularly in 2023, their profits fell in the fourth quarter by almost 45% year-on-year. Goldman Sachs paid its CEO, David Solomon, $31 million (a 24% increase over 2022), despite the fact that it closed the worst of its last four years.
This reverberates the controversy after the Great Recession of 2008: the pursuit of short-term profit as a univocal strategy encourages a risk that can become dangerous. The homeopathic Law 10/2014 on the Management, Supervision and Solvency of Credit Institutions of 2014 should be rethought.