Money Magazine

We’re lucky to have strong banks

Alex Dunnin OUTLOOK

The US banking crisis of 2023 is a salutary reminder of how important it is for every nation that wants to be taken seriously to have a robust and properly regulated banking sector. The US has just failed on both counts.

In March, the US financial market was rocked by the collapse of two banks and one that teetered on the edge before a last-minute rescue. While it’s been the failure of Silicon Valley Bank (SVB) and

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