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‘A lot of banks and companies are struggling under the surface’

Frederik Anseel, senior deputy dean at UNSW Business School, says people are “afraid of what comes next”.

Sally Patten
Sally PattenBOSS editor

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Boards of big companies are demanding management re-test strategic forecasting models to ensure they are robust after the collapse of three offshore banks in the past fortnight. Those boards that are not, should be, say experts.

“This is not over yet,” said Frederik Anseel, senior deputy dean at UNSW Business School.

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    Original URL: https://www.afr.com/work-and-careers/management/scary-a-lot-of-banks-and-companies-are-struggling-under-the-surface-20230320-p5ctsd