bank runs

NIIGATA, Japan —  Bank runs, cybersecurity and supply chain reliability were among items on the agenda of closed-door financial talks Friday in Japan by the Group of Seven advanced economies. Tensions with China, and with Russia over its…

Over the past week, an observation by Matt Klein, a financial journalist, has gotten passed around quite a bit. "This was more a case of a 'bank-run by idiots' rather than a 'bank run by idiots'," he wrote, referring to the collapse of…

The US government’s reaction to the collapse of Silicon Valley Bank (SVB) could spark a dramatic crisis. Finance analysts are warning that while the intervention may have prevented an immediate problem, it could wreak havoc in the future.…

One of the largest banks in the US has spectacularly collapsed after it faced a bank run with customers scrambling to withdraw their cash. Silicon Valley Bank (SVB), based near San Jose, closed its doors on Friday after the California state…

The story so far: The Reserve Bank of India this week launched the digital rupee on a pilot basis. The digital currency will be offered by a select group of public and private banks in a few major cities initially, which can be used for…