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The financial turmoil is not over

Financial Times   •
©The Financial Times Limited 2020 Apr 3, 2023 / 10:41 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

If 2022 was about the repricing of capital, 2023 is likely to be about the reduction in the quantity of it

Successive financial crises have shown that systemic risk is multiplicative. The failure of a small entity can have severe consequences for the whole system. (Representative image)

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