With multiple bank failures making headlines around the world, the spot light is on the why. An article by Jannie Rossouw explores the factors that are affecting banking.
Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis. There’s talk of a lack of trust, of a collapse in confidence, of contagion and systemic risk. Jannie Rossouw explains why they’re concepts worth understanding.Jannie Rossouw
To read the full article, read, “When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk“.