episode-header-image

Mar 2023

20m 5s

Martin Wolf on why banks fail and what t...

Financial Times

About this episode

Up next

Davos’ fight for relevance

Every January a collection of the world’s top business and political leaders head to the Swiss town of Davos for the annual meeting of the World Economic Forum. The event is a week of panels and networking meant to promote dialogue among elites. But a scandal last year threatened ... Show More

Martin Wolf on the economy in 2026

From the artificial intelligence bubble to trade policy, Michela asks Martin Wolf, the FT's chief economics commentator, how the biggest stories of last year will affect the economy in 2026. The FT does not use generative AI to voice its podcasts.- - - - - - - - - - - - - - - - - ... Show More

As digital scams surge, who’s responsible?

The surge in scams, phishing attacks and digital fraud is raising serious liability questions. So who should be doing more? In this live recording from this year’s FT Global Banking Summit, Michela poses that question to executives from Citi, KPMG and Open Banking Excellence. The ... Show More

Recommended Episodes

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

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

The Banking Crisis Is Opening a New Chapter of Capitalism

A lot has been said about the collapse of Silicon Valley Bank and Credit Suisse. But one important thing revealed by those closely scrutinized failures has largely gone unnoticed: the changing relationship between governments and banks. Bloomberg Editor-In-Chief John Micklethwai ... Show More

How Silicon Valley Bank failed

Silicon Valley Bank was the 16th largest bank in America, the bank of choice for tech startups and big-name venture capitalists. Then, in the span of just a few days, it collapsed. Whispers that SVB might be in trouble spread like wildfire through group texts and Twitter posts. D ... Show More

What Does The Collapse of Silicon Valley Bank Mean For Your Money?

The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ... Show More

The Huge Significance of Small Banks

Torsten Slok had been firmly in the “no landing” camp of economists. More positive than a “soft landing,” its adherents say the Federal Reserve will tame inflation without triggering a recession at all. But for Slok, chief economist of Apollo Global Management, that all changed w ... Show More

MM104: Silicon Valley Bank (SVB) contagion fears spark a global banking sell-off

<p>In this episode, we take a look at what exactly happened to SVB and why the collapse in their share price on Thursday rippled through the banking sector resulting in the largest four US banks losing some $47bn of market value in just one day.</p><br><p>Was the move justified? ... Show More

Do Bank Failures Always Cause Recessions? (SVB)

Last year's banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, caused bank runs and put pressure on other banks like Credit Suisse. This is reminiscent of past US banking disasters such as the Great Depression and the 2008 recession. Many ec ... Show More