San Francisco, CA, USA
December 18, 2008
Many of the top banks in the country are in deep trouble, and some no longer exist. How pervasive is the current crisis? Is the entire financial system at risk? Bart Narter, SVP of Celent’s Banking Group, discusses the origins and implications of the banking crisis. This webinar explains why the crisis has not impacted all banks equally. Large banks have suffered much more than smaller ones, forgetting a simple tenet of the banking industry, the three C’s of credit: Capacity (to pay), Character (or credit history), and Collateral.
This presentation draws on findings from the Celent report The Banking Crisis: A Back to Basics Lesson, December 2008.