32 min listen
How Banks Fail: The Perils of Poor Risk Management and Magical Thinking
How Banks Fail: The Perils of Poor Risk Management and Magical Thinking
ratings:
Length:
31 minutes
Released:
Apr 17, 2023
Format:
Podcast episode
Description
The collapse of Silicon Valley Bank and Signature Bank spawned a global ripple effect. But what led to this crisis? Why did the regulations that followed the 2008 financial crisis fail to prevent this from happening? In this episode of CEO Perspectives, The Conference Board President and CEO, Steve Odland, and Paul Washington, Executive Director of the ESG Center, address these issues and more. Tune in to find out: What should be done to ensure that this does not happen again? Specifically, what regulations or practices need to change? Where was the board? What accountability do they have? What changes should the board have made in their oversight role? Should there be stricter rules regarding the mismatch between long-term investments and commitments?
Released:
Apr 17, 2023
Format:
Podcast episode
Titles in the series (100)
7 Potential Grey Swan Events This Year: You may have heard the term "black swan," which describes entirely unforeseen events that can't be predicted. In this episode of CEO Perspectives, however, The Conference Board President and CEO Steve Odland and Dana Peterson, Chief Economist at The... by C-Suite Perspectives