Banana Skins Survey 2008

Risks facing the banking industry

The 2008 vintage is as thought-provoking as usual and is all the more interesting for appearing in the middle of a global crisis.

Unsurprisingly the credit crunch dominates the responses with new banana skins, liquidity and credit spread volatility, in the top three. Thoughts and insights on the credit crunch go much further than this and are threaded right through the survey.

Worries that we could see the failure of another bank have been borne out with the collapse of Bear Stearns even before we completed analysing the responses. Bank share prices remain very volatile and susceptible to market rumour.

Contacts

Robert Nsereko: Marketing & Communications; Tel: +256 414 236018; Fax: +256 414 230153

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