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Global Banking Shake-up and Its Ripple Effects
Manage episode 359454153 series 2820785
American bank First Citizens has agreed to buy failed lender Silicon Valley Bank. First Citizens will acquire SVB from the United States financial regulator, which controls SVB assets. What’s next for Silicon Valley Bank and the global banking system? Financial markets turmoil over the past two weeks has caused great concern across the globe. What’s the outlook for the global economy (00:43)?
We’ll also look at this year’s Boao forum for Asia, for which technological competition and cooperation is a hot topic during meetings (17:10).
107 jaksoa
Manage episode 359454153 series 2820785
American bank First Citizens has agreed to buy failed lender Silicon Valley Bank. First Citizens will acquire SVB from the United States financial regulator, which controls SVB assets. What’s next for Silicon Valley Bank and the global banking system? Financial markets turmoil over the past two weeks has caused great concern across the globe. What’s the outlook for the global economy (00:43)?
We’ll also look at this year’s Boao forum for Asia, for which technological competition and cooperation is a hot topic during meetings (17:10).
107 jaksoa
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