Silicon Valley Bank: a very modern bank run
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After the collapse of Silicon Valley Bank sent jitters through the financial system, Duncan Weldon explains how it’s just the latest in the long history of bank runs.He talks to financial analyst and former banking regulator Dan Davies - author of ‘Lying for Money’ - to understand how bank runs happen, and what the repercussions of this very modern bank run might be for the global financial system.
Presenter: Duncan Weldon
Producer: Nathan Gower
Editor: Richard Vadon
Programme Coordinators: Helena Warwick-Cross
Sound Engineer: Neva Missirian(Photo credit: Reuters)
Silicon Valley Bank: a very modern bank run