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How Federal Debt May Impact Banking

South State Correspondent

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

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How resilient are UK corporate bond issuers to refinancing risks?

BankUnderground

However, in subsequent years, lessons learned from the financial crisis have paved the way for advances in risk management and more cautious lending practices. This is in part because the pre-GFC period was characterised by relaxed lending standards, and excessive leverage levels.