social media played a role in recent financial failures but could also help investors avoid panic
- Written by Daniel Beunza, Professor of Social Studies of Finance, City, University of London
SObeR 9426/ShutterstockA crisis of confidence in the US banking sector led people to pull their money from banks including Silicon Valley Bank and Credit Suisse, and more recently, First Republic Bank and California-based PacWest Bancorp. The way these events have unfolded have created a new term in the vocabulary of finance: “digital bank...
