<p>When the banks stumble, the economy can falter, as it did in the global financial crisis a decade ago. Today, the COVID-19 pandemic poses sizable risks for the US banking system, risks which the stock market appears to have more than priced in.</p>

When the banks stumble, the economy can falter, as it did in the global financial crisis a decade ago. Today, the COVID-19 pandemic poses sizable risks for the US banking system, risks which the stock market appears to have more than priced in.

Are Banks Today the Problem or the Solution?

Lazard Insights Conference Calls are part of an ongoing series of conference calls discussing timely issues in today's market. The calls are not specific to any Lazard product, and are designed to bring value-added insights to clients and prospects and to promote our intellectual capital. © 2018 Lazard Asset Management LLC.

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Are Banks Today the Problem or the Solution?

Are Banks Today the Problem or the Solution?