Bank Runs: Sberbank in 2022 and Silicon Valley Bank in 2023
We can learn several lessons from the Sberbank and SVB bank runs, including the critical role of geopolitical events and diversification.
A bank run is an event that occurs when a significant number of bank customers initiate the withdrawal of their deposits at the same time, as fears about the bank's solvency arise, leading to a bank's liquidity crisis, reported Investopedia. In recent years, two notable bank runs have taken place with the difference of a year: one was Sberbank in the Eu…
Keep reading with a 7-day free trial
Subscribe to 24Hour Journal to keep reading this post and get 7 days of free access to the full post archives.