What is systemic risk and how does it lead to a banking crisis?
March 22, 2023 at 17:52 PM EDT
What is systemic risk and how does it lead to a banking crisis? Andrii Yalanskyi/Shutterstock By Spiros Bougheas, University of Nottingham The recent collapse of Silicon Valley Bank (SVB), a regional US bank that funded start-up companies in the technology and innovation sector, has created a worldwide wave of financial instability. Despite the efforts of […] Source