Spooked by volatile reports from the Silicon Valley Bank in early March, many customers panicked and withdrew their money, creating the largest bank failure since the 2007-2008 financial crisis. The problem—investors and customers lost confidence in the bank, proving the perception of a bank's reliability can significantly impact its success.
How government guarantees give banking customers peace of mind and keep banks open
- PhysOrg
- 16. 5 2023 (23:05)