Is SVB's collapse the new Lehman moment? -Facts Tell
The downfall of SVB has sent global financial markets into a tailspin. Not only have the blockchain banking giants Silvergate and Signature Bank been shuttered, but the shares of Credit Suisse have also tanked, forcing it to borrow up to $54 billion from the Swiss central bank. So, is SVB's collapse the new Lehman moment? How can we avoid a repeat of 2008? Let's discuss it in the latest episode of Facts Tell.