Credit Suisse and SVB: There’s a crisis of confidence in banking globally: Rahul Bajoria
The banking system is becoming a little bit of a concern. There is a crisis of confidence, with markets being nervous about both the impact of the solvency and liquidity of a lot of institutions. Until the time things stabilize, there will be nervousness about both the impact of the solvency and liquidity of a lot of institutions. However, it’s also incremental and there will be eventual spillover into real economy.
