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Our view: As historians reflect on the recent global financial disruption, it undoubtedly will be deemed a crisis. However, might it also be viewed as a turning point – as the spark that ignited a revolutionary change in the global financial system? If all financial system participants can move beyond their distractions, work together and take actions to embrace the new maxims for change, the crisis could indeed be considered a catalyst that ultimately set the stage for global financial equilibrium. By transforming their portfolio strategies, operating models and internal cultures today, financial leaders could launch a new and hopeful chapter in global financial history.

Read the report: The yin yang of financial reform: Embracing maxims to enable financial stability and healthy financial innovation (US)


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