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Global Financial Stability Tested by Higher Inflation and Interest Rates

IMF Podcasts

CHAPTER

The US Bank Failures of SVB and Signature Bank

We saw two US banks fail last month, SVB and Signature Bank. How did those two bank failures turn so quickly into a global financial issue? And what does it tell us about the current state of the banking sector more broadly? I think we now point out to the loss of confidence gravitsu is that's a globally system, really important bank in Europe. It has been another reminder that funding can disappear very rapidly.

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