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The banking sector (or the finance industry in the broader sense) is the one that triggers global recession. In 2008 for instance, the collapse of Lehman Brothers created panic in the market, creating cascades of damages to the banking systems, which triggered a domino effect in the global scope (global crisis).
The impact of the global crisis made the banking system more vigilant, more prepared for other crises in the future (that is inevitable) by adding more capitals that can withstand the severe scenarios during crisis. Timothy Geithner and his team did a 'stress test' during the 2008 crisis to determine how ill or how prepared the banks were.
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asda
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