Why SVB’s collapse is not a 2008 repeat
We’ll send you a myFT Daily Digest email rounding up the latest Behind the Money news every morning.
The collapse of Silicon Valley Bank last week raised questions about the strength of the United States’ banking system, and whether we’re headed for another financial crisis. The FT’s US financial commentator Robert Armstrong tells us why he’s not freaking out.
Clips from CBS, NBC, CNN, DW
For further reading:
SVB was only a little bit insolvent, luckily
SVB’s collapse is not a harbinger of another 2008
The weekend US officials hatched a plan to stave off a banking crisis
Silicon Valley Bank shows the perils of regulators fighting the last war
For further discussion:
Join an FT subscriber-only webinar on SVB’s collapse and the fallout, featuring Robert Armstrong and other FT journalists and guests, on Thursday March 16 1600-1700 GMT (1200-1300 ET). Register here.
On Twitter, follow Robert Armstrong (@rbrtrmstrng) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com