An early assessment of the impact in the funds industry and at markets level was provided by TADHG YOUNG, Head of State Street Ireland, who provided a bird's eye view of the development of the crisis in securities and funds markets in the April issue.'There is no textbook that tells you how to navigate through a rapidly-changing public health, economic and financial markets crisis like Covid-19. However, the first priority for all organisations when presented with this unique challenge is the health and safety of their employees', he said.
The crisis broke really in February, as the gradual dawning of the reality of the pandemic became clear, day by day.
Here's what we said in our Leader in the March issue:
Finance Dublin Comment: Covid-19: Ireland's unprecedented economic shock calls for 'All That it Takes' Fiscal and Monetary actions".
By mid year, it was becoming possible to provide in depth appraisals of the impacts, such as this, by Eoin Mac Manus, Managing Partner of EY Financial Services in a wide ranging interview covering a broad range of financial services topics.