I also understand that companies are investing more in on-the-job training and are strengthening efforts to retain more of the workers they attract, which means younger workers—such as P TECH graduates—have a better chance of securing jobs that lead to long-lasting careers.
Second, banks’ ability to withstand liquidity crises has also been strengthened. The global financial crisis began as a liquidity crisis when banks lost their confidence in one another. Banks have also been required to reduce the share of short-term funding in their funding profile. 3/7  BIS central bankers' speeches  Third, no bank can be regarded as too big to fail any more.