Crises lead banks to operate more opportunistically
Monday, September 21, 2009 - 16:42
in Mathematics & Economics
Financial crises place significant strain on banks, causing them to behave more opportunistically than clients are accustomed to. Business clients should count on this, according to Uppsala University business economist Kristina Furusten, who has studied the topic of contractual relationships between banks and corporate clients during the 1990s financial crisis in Sweden.