Because their business model is so intimately tied to state power, they're not really just a business, like others. They're able to create fractional money on which they charge interest, customer deposits are state-insured, even they are almost always first in line for bailouts and other special treatment in challenging times.
They can also quite clearly afford to pay more.
Because their business model is so intimately tied to state power, they're not really just a business, like others. They're able to create fractional money on which they charge interest, customer deposits are state-insured, even they are almost always first in line for bailouts and other special treatment in challenging times. They can also quite clearly afford to pay more.