With the government’s “stress tests” now completed on the nation’s largest banks, School of Management risk expert Mark T. Williams, a former Federal Reserve bank examiner, looks at the lessons learned and what happens next. “Stronger capital requirements, better regulatory risk oversight, and banks with a stronger handle on fundamental risk-management principles should help reduce the chance of another banking meltdown,” he says in a Reuters commentary.
Contact Mark T. Williams, 617-358-2789, williams@bu.edu
