Macroeconomic and geopolitical volatility are moving to the top of the risk agenda

August 2022

At the Financial Services Leadership Summit on June 8–9, 2022 in New York, directors and executives from large financial institutions, regulators, and other subject matter experts discussed evolving macroeconomic and geopolitical contexts and the implications for their firms, as part of a broader agenda about how financial institutions are meeting heightened stakeholder expectations. Summit participants were joined by Dr. Richard Berner, clinical professor of finance, professor of management practice, and co-director of the Stern Volatility and Risk Institute at New York University, and Gordon Orr, board director of Lenovo, Meituan, and Swire Pacific and vice chair of the China-Britain Business Council. This ViewPoints synthesizes discussions held in advance of and during the summit and is structured around the following themes:

  • Financial institutions face a challenging macroeconomic climate
  • Geopolitical tensions are creating operational complexities for financial institutions