Globalisation series: The impact of de-risking on correspondent banking networks

OMFIF Focus Podcast – Globalisation series: ‘The impact of de-risking on correspondent banking networks.’ DeLisle Worrell, former governor of the Central Bank of Barbados, and Susan Starnes, global lead of strategy, trade and commodity finance at the International Finance Corporation, join Oliver Thew, programmes manager at OMFIF. They examine how de-risking by banks in developed economies has reduced correspondent banking networks with those in emerging markets, as well as the actions being taken by international organisations, national regulators and the banking sector to mitigate the negative effects.