Jean Edouard Colliard

The 2023 Banking Crisis: Can we Trust the Regulators?

24 May 2023

In 2008, at the height of the global financial crisis, 25 US banks failed. Their combined asset value was equal to $526 billion (adjusted for inflation). In the first 5 months of 2023, three banks have failed with a total asset value of $532 billion. Let that sink in – we are in uncharted territory. What is happening and why? Why do we see a kind of slow-motion contagion effect? Will more banks fail? Has the US government practically removed the limit on deposits insured through the FDIC? What does the current situation tell us about the health of the banking sector and the regulatory framework meant to prevent such problems – in the US and around the world?

In this episode I’m joined by Jean Edouard Colliard to discuss what the current crisis tells us about how and why regulatory regimes succeed and/or fail. Jean Edouard is Associate Professor of Finance at HEC Paris, which he joined in 2014.  Before joining HEC, he worked for two years as an economist in the Research department of the European Central Bank. He is a co-holder of the research chair “Analytics for Future Banking” (HEC Paris – Natixis – Polytechnique).

Jean-Edouard is also a member of the Finance Theory Group and a Research Affiliate of CEPR and SUERF. He received the “Best Young Researcher in Finance and Insurance” Award of IEF / Foundation SCOR 2022, the “Young Researcher in Economics” Award of Foundation Banque de France in 2017, the Eurofidai-BEDOFIH Data Award 2017, the “Young Researcher Award” 2015 of AMF (the French Securities Markets Authority), and the 1st SUERF/Unicredit & Universities Foundation Research Prize 2013.

I hope you enjoy the conversation as much as I did!

Other podcast episodes View all podcast episodes

Episode overview
Episode 32 Laurence Lehmann-Ortega

Re-Inventing Your Business Model

1 April 2024

Episode overview
Episode overview
Episode 31 Suzy Welch

Becoming You

29 January 2024

Episode overview
Episode overview
Episode 30 Keyu Jin

Reading China in the Original

6 November 2023

Episode overview