The Wall Street Skinny
The Wall Street Skinny
Kristen and Jen
8. The 2023 Banking Crisis: What Led to SVB’s Downfall
42 minutes Posted May 13, 2023 at 11:00 am.
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It's been a pretty wild spring in 2023.  Since March of this year, we've seen Silicon Valley Bank (SVB) collapse, Signature Bank shut down, Credit Suisse get acquired by UBS, and --- most recently --- First Republic get acquired by JPMorgan. But the turmoil in the banking sector is likely not over just yet. In this episode, we explore the economic circumstances driving current events and explain the underlying mechanics behind the headlines.  

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