• Commentary

Mary O’Connor: Old-fashioned risk management could have prevented bank failures

There are plenty of lessons that must be learnt from the recent financial turmoil

Mary O'Connor suggests that private market tools can and should help financial institutions increase the resilience of their businesses and give confidence to the markets

Mary O’Connor is CEO of Howden Capital, Advisory and Placement and former acting CEO of KPMG UK

Recent bank failures provide a real-world experiment in post-Great Financial Crisis regulation and risk management. If you’re a bank executive or on a board, what should you learn from the mess — and how can we all prepare for the next crisis?