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The US Banking Crisis
Hugh Van Steenis speaks to Oliver Wyman, vice-chair of the FTSE 100. Mr Wyman was previously head of banks and diversified financial research for 14 years at Morgan Stanley. He says this is 20 to 30 times faster than anything we saw 15 years ago or in the Eurozone banking crisis. And at the end, history doesn't repeat itself, but human behavior does.