What’s the impact of two banks failing in the US? | Banks

Banking stocks in global markets are volatile after the failure of Silicon Valley Bank and Signature Bank.

The shock waves from the collapse of the two United States banks were felt around the world.

It was the biggest failure since the financial crisis in 2008, when tighter regulations came into effect.

So, what happened and what lessons can be learned from the past?

Performer: Mohammed Jamjoom

the visitors:

Richard Squire – Professor at Fordham University’s School of Law and an expert on bank bailouts

Vicky Pryce – Chief economic adviser at the Center for Economics and Business Research

Ben Aris – Founder and editor-in-chief of BNE IntelliNews