Banking Contagion in the West, Banking Stability in the East
27-03-2023: The aphorism “safe as a bank” has long been out of date in the West, and none more so than today. Some 15 years after 2008, when the US government bailed out banks to prevent a society wide collapse, the Silicon Valley Bank (SVB) collapse could be a signal of more banking contagion to come. Silicon Valley Bank was the 16th largest bank in … Continue reading Banking Contagion in the West, Banking Stability in the East
