Finance

"Most bank failures result from deteriorating solvency rather than bank runs."

"Without knowing more about the motivation for these trades and the counterparties involved, it's difficult to assess their impact."

Emil Verner discussed the causes and policy implications of bank failures and how financial crises spur the rise of populism.

"Responsible asset management has developed considerably. However, the exact nature of responsible investors' preferences remains elusive."

Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.

Antoinette Schoar says that similar policies implemented in developing countries have resulted in "a collapse of formal credit markets."

"To prevent failures and crises, banks need to be really focused on solvency and capitalization."