logo
episode-header-image
Mar 2023
22m 14s

End run: Silicon Valley Bank

The Economist
About this episode

An old-fashioned bank run has caused American regulators to intervene in a big way to save the bank’s depositors. We ask what went wrong, and what risks the fix will pose. Today America, Australia and Britain will cement a military alliance designed to confront an increasingly assertive China. And an Ethiopian prince buried among English kings reignites questions about cultural restitution.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer


Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
Omission accomplished: why the Iran-war cycle spins on
From impasse in Iran to still-unresolved conflicts in Gaza and Lebanon, a trend is clear: President Donald Trump’s scant, early plans for peace do not actually forge a path to it. Our correspondent says that in the driverless-car future, it will often be Chinese AI behind the whe ... Show More
25m 39s
Jul 30
Working memory: the surprising decline of dementia
A dive into the data reveals that, despite dire past predictions, the prevalence of dementia is actually waning. We take a look at Pix, a beloved Brazilian digital-payments system, and why it so bothers President Donald Trump. And we attend one of the concerts that reveals how th ... Show More
25m 8s
Jul 29
Brave New whirl: Turkey’s opposition overhaul
An ousted former opposition leader started a new party—called the New Party. We assess its chances at the ballot box, and under President Recep Tayyip Erdogan’s thumb. A surrogacy scandal in Germany has prompted a government reshuffle, with Chancellor Friedrich Merz left holding ... Show More
20m 27s
Recommended Episodes
Mar 2023
End run: Silicon Valley Bank
<p>An old-fashioned bank run has caused American regulators to intervene <a href="https://www.economist.com/finance-and-economics/2023/03/13/americas-government-steps-in-to-protect-depositors-at-silicon-valley-bank?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintel ... Show More
22m 14s
Mar 2023
Stopping the spread: how to fix the banks
<p>Silicon Valley Bank. Signature Bank. Credit Suisse. The world’s banks look wobbly, leading to fears of broader economic pain. Our economics editor <a href="https://www.economist.com/leaders/2023/03/16/whats-wrong-with-the-banks?utm_campaign=a.io&utm_medium=audio.podcast.np&utm ... Show More
23m 17s
Jun 2013
Banking report, China funds and NS&I
A tumultuous week for banks and bankers - but what does it mean for savers and borrowers? One of Britain's best-known fund managers admits defeat in China. And in an era of low rates and austerity, what exactly is the point of National Savings & Investments Hosted on Acast. See a ... Show More
1m 5s
Mar 2023
FDIC hints at who will end up paying for recent bank rescues
The chairman of the Federal Deposit Insurance Corporation said yesterday in remarks to the House Financial Services Committee that the agency’s board would vote in June on a new bank assessment fee to make up for the money spent in the rescues of Silicon Valley Bank and Signature ... Show More
8m 7s
Mar 2023
Wall Street banks rescue First Republic
<p>The largest US banks have banded together to deposit $30bn into First Republic Bank in an attempt to bolster its finances, the European Central Bank has raised interest rates by half a percentage point, Emmanuel Macron failed a critical parliamentary test and chose to override ... Show More
9m 45s
Apr 2023
Your banking questions, answered
It's been a month since the collapse of Silicon Valley Bank touched off the worst episode of banking turmoil since 2008. While the financial system appears to have stabilized, we're still reckoning with what happened. Regulators are getting dragged before Congress. The Federal Re ... Show More
26m 59s
May 2023
American Bank Carnage part 2
The American banking system is experiencing a slow grinding crisis. We explore, why this is happening, why now and why&nbsp;the Fed adopted a completely different attitude to the 2023 banking crisis than the 2008 crisis and what this all means for the economy and the way we distr ... Show More
31m 17s