Emily Flitter

Emily Flitter, a finance correspondent for The New York Times, provides insightful analysis on the dramatic collapse of Silicon Valley Bank, a pivotal player in the tech industry. She discusses the urgent implications for the banking sector and parallels to the 2008 financial crisis. The rapid growth followed by a liquidity crisis due to rising interest rates is dissected, alongside the panic it ignited among depositors. Flitter elaborates on government interventions to safeguard uninsured deposits and the broader consequences for the financial landscape.

This week’s guest, Emily Flitter, a finance correspondent for The New York Times, dives into the ongoing banking crisis and its shocking impact on institutions like Silicon Valley Bank. She discusses the panic that led to $42 billion in withdrawals and the government’s rescue efforts. With regional banks feeling the tremors, Emily explores the uncertainties around investor confidence and the challenges faced by entities like Credit Suisse. Tune in for insights into how interest rates and regulatory weaknesses are reshaping the banking landscape.