BFM 89.9
The Business Station
Restoring Banking Confidence, No Easy Task
24 mins·08:00, 29 Mar 2023
Restoring Banking Confidence, No Easy Task
24 mins
·
08:00, 29 Mar 2023
·
Recommended
Guest: Thorsten Beck, Professor of Financial Stability, Florence School of Banking and Finance, European University Institute
The speed in which SVB and two regional banks collapsed in US and the subsequent demise of CS took markets by surprise. We speak to Thorsten Beck, Professor of Financial Stability, Florence School of Banking and Finance at the European University Institute as to the reasons for this, will there be a contagion effect on the banking system and what can regulators do to restore confidence.
Image credit: Shutterstock
Presenter: Wong Shou Ning
Producer: Moh Heng Ying
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