Recent bank failures point to the continuing need for vigilance by regulators and investors. Now, a report in the International Journal of Operational Research, discusses the possibility of an early-warning system that spots the outliers before they fail.
The downfall of dozens of banks and financial organizations across the globe has been in the headlines since the meltdown of the subprime mortgage market, but even during the decade before, 1997 to 2007, more than forty banks failed in the US.