Collapse of US’ second largest bank in history – Silicon Valley Bank – stokes jitters in world economies

Collapse of US’ second largest bank in history – Silicon Valley Bank – stokes jitters in world economies

A week-and-a-half after the second-largest bank failure in American history ignited uncertainty throughout the global economy, experts warn bank failures and the stabilisation measures taken by the Federal Reserve and Wall Street are creating even greater bank consolidation – and might further pave the way for a central bank digital...

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