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G-7 eyes responses for rapid Silicon Valley Bank-type failures

Summary by Ground News

A more robust response to bank runs is seen as necessary when rumors can spread through social media and deposits can be withdrawn instantly via internet banking. The Group of Seven leading industrialized nations intend to craft plans for addressing bank runs of the type that led to the collapse of Silicon Valley Bank.

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1 Articles

1 Articles

G-7 eyes responses for rapid Silicon Valley Bank-type failures

TOKYO -- The Group of Seven leading industrialized nations intend to craft plans for addressing bank runs of the type that led to the collap

2 years ago·Japan

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Nikkei broke the news in Japan 2 years ago on Monday, May 8, 2023.

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