PIDM’s role as a resolution authority
WHEN Silicon Valley Bank failed in 2023, news headlines called it the ‘first Twitter-fuelled bank run’, highlighting how the digital era can accelerate financial panic. In the past, bank runs were gradual. Today, the spread of information (and misinformation) is almost instant and adds another dimension to a financial institution failure, which could happen anywhere,Read More
29 Nov 03:07 · Borneo Post Online