Financial diversity, risk and systemic stability
In the financial industry as a whole, risk is spread by having different types of firms specialising in different activities. However recent changes in industry regulation have seen banks increasingly move in the same direction, leading to increased systemic risk.
In this video, Prof Christine Oughton from SOAS School of Finance and Management explains the sources of systemic risk in banking systems and shows how diversity across the sector can be a key factor in promoting stability.
Reach your personal and professional goals
Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.
Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.
