Explaining the Banking Crisis: What Happened, Its Wide Implications and Lessons Learned

Numerix Roundtable Discussion

15 years after the 2008 financial crisis, we are back in the banking soup.

Silicon Valley Bank—the 16th-largest U.S. bank by assets—built a portfolio that ultimately cracked under stress, resulting in its failure and seizure. Two days later, Signature Bank became the third largest bank to collapse in U.S. history. The financial sector then experienced the bailout of the U.S. regional lender First Republic Bank and the takeover of the troubled Swiss bank Credit Suisse by its rival, UBS.

In this video, a number of key questions and issues are discussed by a Numerix panel of financial industry experts representing the banking, insurance, asset management and hedge fund industries. Subjects covered include:

  • How did this crisis unfold?
  • Who is to blame? The banks, the Fed, regulators, or all three?
  • The impact of inflation to the banking industry
  • The threat of a recession
  • How the financial markets reacted
  • The effect of poor risk management and substandard asset liability management
  • Importance of having the right risk technology systems
  • Lessons learned

Featured Speakers


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