Once the Covid-19 pandemic passes, geopolitics is likely to return with a vengeance as global rivalries intensify and the economic fallout will call into question the political stability of some countries, in turn creating considerable headaches for global banks operating across borders

Though the world is riddled with potential geopolitical hotspots, any one of which could develop into a full blown international crisis, the risk management approach taken by global banks remains worryingly inadequate, according to a risk expert