gettyIt is a critical moment for bank credit risk right now. Meanwhile growing geopolitical challenges, including the trade war with China, create increased uncertainty for the months ahead. In other recent financial crises such as the dot-com bubble or the Great Recession, the voice of credit risk wasn’t heard early enough. What is clear is that credit risk has increased. The highest recent level of credit risk was 3.70 back in Q1 2010 when the economy was in the depths of the financial crisis.

Source: Forbes November 16, 2020 15:10 UTC