The Financial System, a Victim Not a Cause This Time

In 2008, the financial crisis was caused by reckless and over leveraged banks but this time, world economies are brought to their knees by a health crisis. However will financial systems which are the bedrock of any economy then follow in tandem and go into shock? Thorsten Beck, Professor of Banking and Finance at Cass Business School tells us what needs to be done to avoid this whilst also telling us if the Malaysian banking system is robust enough.