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US bank crisis: The fallout continues
As a US banking crisis unfolds, how big might the fallout be?
As the US bank crisis has unfolded in recent days, the global market has been rattled, but it looks like investors are now digesting the news about Silicon Valley Bank and Signature Bank, as regional bank share surges.
The Nikkei share index dropped by more than 2% but some experts are saying this crisis is nothing like the one in 2008.
How big will the fallout be? Will the crisis alter the US Federal Reserve’s thinking on interest rate rises?
(Picture: Getty Images)
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