The Banks' role after the health crisis


Xavier MUSCA

Deputy Chief Executive Officer of Crédit Agricole SA

Seminar Business life | Tuesday November 2, 2021 - 9h30 - 12h00

During the subprime crisis, the financial system not only endangered the economy, but even threatened the financial equilibrium and state sovereignty. With the Covid-19 crisis, on the other hand, it seems that it was finance that saved the economy: the supports of all kinds provided by the state with the banks' help prevented an economic and social catastrophe. But what does the future hold for the banks? What role can they play in the recovery policy for companies weakened by the end of state-guaranteed aid and loans? How will they be able to accompany them in transformations whose launch has been accelerated by the confinements? How do they deal with all these issues with, at the same time, the need to return to public financial equilibrium and a reduction in monetary creation?

The entire article was written by:

Pascal LEFEBVRE

This session was published in issue n°154 of the Journal de l'École de Paris du management, entitled Le tumulte et la constance.

Google Analytics cookies
This site uses cookies from Google Analytics, these cookies help us to identify the content that interests you the most and to identify certain malfunctions. Your navigational data on this site is sent to Google Inc.