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Bank Failure: Worst since 2008

Cover Image for Bank Failure: Worst since 2008
Greg P
Greg P
Posted underBankingCommercial Real EstateCredit SuisseFinancial CrisisResidential Real EstateSilicon Valley BankSVB

“The worst year for banks since 2008 | FT Film” discusses the tumultuous year experienced by the global banking sector in 2023, which was deemed the worst year for banks since the 2008 financial crisis. The video explores various events such as the collapse of Silicon Valley Bank (SVB) due to the decline in funding for tech start-ups, leading to a bank run and government intervention to stabilize the situation. It also delves into the loss of confidence in Credit Suisse, the risks posed by the non-bank financial sector exemplified by the Archegos scandal, and the importance of strong regulatory frameworks. 

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