UK Business

Is the US banking crisis over?

Written by George Kladakis, Lecturer in Financial Services, Edinburgh Napier University

The US banking crisis triggered worries about the global banking system earlier in the year. Three mid-sized US banks, Silicon Valley Bank, Silvergate and Signature, fell in quick succession, driving down bank share-prices across the world.

America’s central bank, the Federal Reserve, made significant amounts of cash available to the failed...

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