Gary Wilkinson, co-founder and CEO at Redwood Bank (pictured above, centre), has said that lessons need to be learned regarding the financial crisis if the UK is to move on from a decade of “doom and gloom”.
At the '10 Years on from the Global Financial Crisis – Has Anything Changed?' event at Sky Light City Tower in London, Gary covered key issues in the market.
He said: “While the financial crisis is behind us, new challenger banks like Redwood Bank have a unique opportunity to learn from the lessons of the past and step up and meet the needs of today's business customers.”
Gary was recently named 'Top Business Leader in Banking' for 2018 and one of the 'Top 25 Business Leaders in the UK' by CEO Monthly Magazine.
He also spoke at the Chief Executives' Lending Forum at the Waldorf Hilton in London.
At the event, Gary added: “There's no doubt about it, the fall-out that occurred once Bear Stearns got bought out by JP Morgan [which took place 10 years ago last week], ripped a huge hole in Britain's finances.
“Slowly and surely – and with new challenger banks leading the way – the mainstream banks have done a lot to refocus and rebuild their businesses over the last 10 years.
“Together, the industry is looking to put the doom and gloom of the last decade behind it.”
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