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Flat White

Slow rolling crisis or banking wildfire?

23 March 2023

4:00 AM

23 March 2023

4:00 AM

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.

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