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Silicon Valley Bank: what is the cost of the collapse? - Publication Date |
- Mar 15, 2023
- Episode Duration |
- 00:30:17
The collapse of Silicon Valley Bank (SVB) last week has spooked financial markets, with global banking stocks dropping significantly as a result. With a new CEO at the helm, SVB is declaring ‘business as usual’, but the ripple effects of the bank’s failure can still be felt. To discuss the reasons behind the bank run and the wider implications on markets and the tech sector, Ciaran Hancock is joined by Irish Times columnist Chris Horn and Markets Correspondent Joe Brennan.
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