We Talk Money cover image

Is this financial crisis 2.0?

We Talk Money

00:00

Is Your Bank Going to Fail?

The one commonality across the banks that have failed so far has been a good old fashioned bank run or deposit run. Having a good hold on how insured your bank's deposit base is as well as whether that bank has a heavy percentage being paid interest, if you're uninsured, those deposits are at risk of fleeing quite quickly. I think there's still more to come in terms of the rolling fears, the rolling share price declines. We've seen a ton of volatility already this week in banks we're seeing today. A lot of that worry spill over to the other side of the Atlantic with the European banks,. particularly Credit Suisse, which has been a troubled bank there for several years now

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app