The 2007 Financial Crisis: Did Banks Learn Their Lesson?

Michael Kurz

Research output: Non-textual formWeb publication/sitePopular

Abstract

The excessive risk-taking culture of banks is often blamed for the 2007-2008 financial crisis. Since it is widely believed that this risk culture that led to the financial crisis has not altered, calls for change in the financial industry are widely heard. Could tighter regulation of bank’s business models and practices help to prevent another crisis?
Original languageEnglish
Media of outputOnline
Publication statusPublished - 5 Jun 2017

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