Many market participants have viewed the last year as a road to recovery, despite the range of regulatory overhauls to the US and European financial systems.
However, at the NEMA 2011 conference, industry legend John Gubert, senior adviser of Global Securities Services and Global Transaction Banking at Unicredit, detailed in his State of the Nation address that we could possibly be heading for a worse financial crisis that the one we just experienced.
Global Custodian’s Lianna Brinded spoke to Gubert down on the ground about the critical scenario global custody faces now, and if there is anything the industry can do to mitigate some of these risks and issues.
Click here to see the full interview.