The document discusses the financial crisis of a company in the financial services industry. It experienced a liquidity crunch due to the economic slowdown and Covid-19 pandemic, which led to rising redemption requests from investors. This caused yields to spike and trading volumes of its securities to decrease. The company's liquidity degraded because of wrong investment choices that were made.
4. Liquidity crunch due to economic slowdown
and Covid-19 impact
Rising redemption requests from investors
Spike in yields and lower trading volume of its
securities
Due to wrong investment choices companys
liquidity was degraded
Reasons for the crisis