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By Arnd HEßELER, Tommaso GILARDONI and Davide BROCCHI, zeb consulting*
The emergency induced by the Sars-CoV-2 virus has taken everyone (citizens and business operators) by surprise and forced different sectors to make sudden adjustments, unforeseen and deriving from an unknown phenomenon that has never occurred before.
New emergency measures in an unexpected COVID-19 context
As in most industries, European banking players have reacted by introducing immediate and urgent initiatives aiming to manage and prevent the risk of infection. But many decisions have been taken without specific competence in this field and within a regulatory framework that is unambiguous and not always clear. In...
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