Financial Institutions Are On Notice That Weak Governance Can Lead To Ratings Downgrades And Significant Fines

Maybe, just maybe, financial institutions’ stakeholders are finally fed up with the bad behavior of the bad apples at financial institutions. Weak governance can lead to ratings downgrades, which in turn increase the cost of borrowing.

Source: https://www.forbes.com/sites/mayrarodriguezvalladares/2021/05/25/financial-institutions-are-on-notice-that-weak-governance-can-lead-to-ratings-downgrades-and-significant-fines/

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