The Largest Bank Failure Since 2008 | Weekly Round Up
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This week, after a week of turmoil across the banking industry, Mike & Mark discuss the collapse of Silvergate and Silicon Valley Bank. With fears mounting over the mark to market value of bank's asset's, we walk through the dynamics which led to depositors running for the exit doors in typical bank run style fashion.
What lies ahead for the banking industry from here? Will contagion spread like in 2008, or are banks much better capitalised to weather the storm in 2023? To hear all this and more, you'll have to tune in!
Filmed Friday 10th March hours before the closing of Silicon Valley Bank.
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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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