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The banking confidence trick: are we heading for another financial crisis?
Manage episode 358988484 series 3331377
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One banking collapse might be seen as isolated - but does two indicate a systemic issue?
Andy Smith, Powerscourt’s in-house banking expert, examines the collapse of Silicon Valley Bank and the rescue of Credit Suisse in the context of the 2008 financial crisis. Are these isolated or related events? What was the root cause? What causes a bank run? And is there anything communicators can do to reduce the risk?
Managing Partner Victoria Palmer-Moore poses all these questions and more on this week’s episode.
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