Blog — 20 Mar, 2023
Snapshot: The Ripple Effects of 2023 Bank Failures
The collapse of SVB Financial and Signature Bank marks the second and third largest US bank failures since 2008. The total assets of the two failures amount to 87.6% of the total assets from the 25 failures of 2008. What have been the ripple effects on the global banking sector so far? Check out our summarized coverage of the week.