Surveillance: Banking Jitters with Roubini
Bloomberg Surveillance
00:00
Credit Swiss
I think the contagion that spread to Europe is something that the regulators here probably did not anticipate. Right now, the US banking system is in pretty good shape. There's obviously some weak banks, but basically we don't have a systemic run on the major banks in the United States. So if we were to have serious problems and have a more of a contagion effect, then Silicon Valley Bank would have on our banking system.
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