The Friday Fix
The Friday Fix
Mar 24, 2023
The banking confidence trick: are we heading for another financial crisis?
Play • 15 min

One banking collapse might be seen as isolated - but does two indicate a systemic issue?

Andy Smith, Powerscourt’s in-house banking expert, examines the collapse of Silicon Valley Bank and the rescue of Credit Suisse in the context of the 2008 financial crisis. Are these isolated or related events? What was the root cause? What causes a bank run? And is there anything communicators can do to reduce the risk? 

Managing Partner Victoria Palmer-Moore poses all these questions and more on this week’s episode.

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