Moneycontrol
HomeNewsVideosBusinessBanksSVB Collapse: Is It A Bear Stearns Moment? How Is It Different From The 2008 Financial Crisis?

SVB Collapse: Is It A Bear Stearns Moment? How Is It Different From The 2008 Financial Crisis?

Silicon Valley Bank, which was just recently hailed as one of ‘America’s Best Banks’ by Forbes magazine was forced to shut shop on Friday. Meanwhile, the already troubled banking sector is also being pressured by a steep fall in shares of Credit Suisse, a Swiss Bank that has large US and global operations. Are we staring at a repeat of 2008 like GFC? Watch this video to find out!

March 16, 2023 / 11:57 IST
Story continues below Advertisement

 

Story continues below Advertisement
Moneycontrol News
first published: Mar 16, 2023 11:57 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!