Although, with the crisis having erupted, we now have the benefit of hindsight, the locational banking statistics released quarterly by the Bank for International Settlements do show a remarkable increase in U.S. dollar maturity mismatches for financial institutions from advanced economies, and particularly European economies, in recent years.
There is no consensus – there was a time when talent referred to persons with expertise in a functional area – persons with knowledge, skills, competence or effectiveness to achieve predetermined targets. Today in the age of ‘metrics’, most of these are taken for granted.