Marcus Killick discusses various financial risks on a global scale and their potential impact. He highlights the credit crunch, consumer debt, and the importance of maintaining confidence in financial markets. He also touches upon the regulatory challenges faced by regulators during crises and the need for a balanced approach between risk aversion and innovation. Additionally, Killick emphasises the importance of addressing changing consumer needs and increased vigilance against financial crime. Despite the changing economic landscape, he believes, managing known risks and remaining vigilant can help keep the situation under control.
Read the article: How bad is bad?
(Article first published in Intouch Magazine, 2008.)
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