The world’s leading funds manager, BlackRock, has argued the collapse of the Silicon Valley Bank (SVB) may start a ‘slow rolling crisis’. This may be so but, at this point, bank share prices have stabilised (Chinese banks have even seen their share prices increase).
SVB was only sixteenth in terms of size within the United States.
Already a subscriber? Log in
Get 10 issues
for $20
Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $20.
- Delivery of the weekly magazine
- Unlimited access to spectator.com.au and app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in