CFS Online Lecture

15.05.2024 | 17.30 - 18.30 Uhr

Gerard Cassidy, Managing Director, Head of U.S. Bank Equity Strategy and Large Cap Bank Analyst, RBC Capital Markets

US Banking – Lessons learnt from the GFC in 2008/09 and how it was put to the test in 2023

Gerard S. Cassidy, a 30+ year banking industry veteran who works for RBC Capital Markets, will discuss how the post 2008-09 banking industry regulatory changes played a key role in preventing contagion from the 2023 SIVB, SBNY and FRB failures. As part of the discussion he will also highlight the factors that contributed to the bank failures and why they were idiosyncratic to these banks and the banking industry.

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