Three key factors underpinning a new era of resilience for Spanish banks

Recent stresses in the US banking sector has reminded us how important regulation and market structure are to the sound functioning of the banking sector. In this video, T. Rowe Price explains that while it's prudent to remain cautious of the development of economic risk in the Spanish banking sector, changes to market structure and improved regulation, give reasons to expect Spanish banks to be more resilient than before.