Swiss deal should not lead to complacency on banks
The turmoil in the banking sector seems all too familiar to many of us
The renewed bank sector turmoil evokes unpleasant memories of the 2008 crash, which ultimately cost Irish taxpayers about €45bn. We simply cannot take it for granted that this time things will be different. The lessons of our most recent banking crisis must be kept uppermost in decision-makers’ and regulators’ minds.