• 29-JAN-2012

  • SOURCE: PricewaterhouseCoopers LLP

Threat of Recession Contains Risk of Further Bank Failures

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The risk of another global recession and a renewed banking crisis is high according to a new survey of the dangers currently facing the world's banking industry. The CSFI's annual Banking Banana Skins survey, produced in association with PwC, puts macro-economic risk at the top of the list of 30 possible risks to banks. The poll is based on responses from more than 700 bankers, banking regulators and close observers of the banking industry in 58 countries. Available material includes general views of the PwC Headquarters in London and a still image of the PwC logo.