Liquidity Risk Management Pwc

The Journal Global perspectives on challenges and opportunities Liquidity risk management 10 by Richard Barfield and Shyam Venkat PricewaterhouseCoopers The Journal Global perspectives on challenges and opportunities Richard Barfield Director, Advisory, Financial Services PricewaterhouseCoopers (UK) Tel: 44 20 7804 6658 richard.barfield@uk.pwc.com Shyam Venkat Partner, Advisory, Financial Services PricewaterhouseCoopers (US) Tel: 1 646 471 8296 shyam.venkat@us.pwc.com 11 It is non listed on any exchange. Nor is it a line item on any financial understructures balance sheet. Nonetheless, confidence is the financial systems and every financial institutions almost of import asset. The financial markets cannot hope to incur until confidence is restored. Banks need to recover their faith in each other and rebuild their reputations across their stakeholder base. They must also regain the trust of the regulators. For that to happen, banks must get two things. First, they will wealthy person to show that they have intimate lessons from the liquid crunch. Second, they will have to demonstrate that they are set those lessons to good use.

Simply going through the motions will not suffice: banks will have to prove that they are actually effecting change. In our view, this should be done against a clear scheme for liquidity risk management. This requires taking a longer-term perspective, detached from the periodic firefighting and conference calls that are currently consuming the days of most treasurers. made profits in the quarter before they disappeared. twain were well-capitalised businesses. And yet, as a result of their failure to deal with their liquidity risk issues, they were simply swept away. Of course, Northern Rock and support Stearns were not the only banks with their minds elsewhere. The fact is, no one talked much about liquidity risk until last year. Although the regulators may have monitored banks management of the... If you want to get a full essay, pitch it on our website: Orderessay

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