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Silicon Valley Bank Failure: Implications for Risks to the Global Financial System

  • Video
  • Mar 23, 2023
  • #Finance #FinancialCrisis #Banking
Jon Danielsson
@JonDanielsson
(Guest)
Lutfey Siddiqi (Personal)
@Lutfeys
(Guest)
Kathleen Tyson
@Kathleen_Tyson_
(Guest)
Jean-Pierre Zigrand
@JPZigrand
(Guest)
Charles Goodhart
@CharlesGoodhart
(Guest)
www.youtube.com
Watch on Youtube
93 min
1 Recommender
1 Mention
Date: Thursday 23rd March 2022 Time: 10.30am-12.00pm GMT Speakers: Ron Anderson (LSE, SRC, CEPR), Jón Daníelsson (SRC/LSE), Charles Goodhart (LSE, FMG), Lutfey Siddiqi (LSE & NUS... Show More

Date: Thursday 23rd March 2022 Time: 10.30am-12.00pm GMT
Speakers: Ron Anderson (LSE, SRC, CEPR), Jón Daníelsson (SRC/LSE), Charles Goodhart (LSE, FMG), Lutfey Siddiqi (LSE & NUS RMI), Kathleen Tyson (Pacemaker.Global)
Moderator: Jean-Pierre Zigrand (LSE, FMG, SRC)

The rapid collapse of Silicon Valley Bank before its closure by the FDIC immediately raised the prospect that this could spill-over into a systemic banking crisis. It has brought back memories of how troubles in a small corner of the US mortgage market (sub-prime) in 2006-07 opened up cracks in the financial system that spread by 2008-09 into the Global Financial Crisis. This panel will give an international perspective of the on-going crisis containment measures being taken by US authorities and will give their views on defensive measures appropriate for policy-makers globally.

Event website: https://www.systemicrisk.ac.uk/events/silicon-valley-bank-failure-implications-risks-global-financial-system

(From Youtube)

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Frances Coppola @Frances_Coppola · Mar 23, 2023
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Really good explanations of the #SVB and #CreditSuisse failures, and thoughtful discussion of the implications for bank regulation and economic management.
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