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Six reasons Silicon Valley Bank isn’t another 2008 crisis

If the Twitterati start spreading alarm then we could still face a banking crisis, but there are good reasons to see Silicon Valley Bank as an outlier

By

Andreas Dombret

As regulators ponder SVB's future, the risk of contagion might be less than we once feared
As regulators ponder SVB's future, the risk of contagion might be less than we once feared Photo: Justin Sullivan/Getty Images

Andreas Dombret sat on the board of the Bundesbank, the German central bank, from 2010 to 2018 where he oversaw financial stability as well as bank supervision. From 2014 to 2018 he served on the supervisory board of the European Central Bank.

Whenever a bank fails, it poses multiple challenges for numerous constituents besides the employees.

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