Citi Bank Interview Question:

Explain me what opportunities does a financial downturn present to financiers?

Submitted by: Muhammad

In a market where the value of assets is falling, known as a bear market, traders might consider taking short positions, that is, borrowing assets they don't own, selling them, and buying them back to return them at a later date when their price has fallen.

Meanwhile, those working in asset management or M&A might consider, or advise clients to consider, snapping up undervalued assets.
Submitted by: Muhammad