First modification:
The beginning was the bankruptcy of Silicon Valley Bank in the United States. It was followed by the collapse of others such as Signature Bank and the liquidity needs of the First Republic. It continued with the collapse of Credit Suisse, which has ended with its sale to UBS. There are two weeks of shocks in the banking sector and there is fear of what could happen, in the worst case, a financial crisis.
The most repeated message at the moment is a call for calm from the entities themselves and also from the central banks. What real risks does this new banking earthquake have? What relations does it have with the policies that fight against inflation?
We analyze it in this edition of En Primera Plana with the help of our guests:
– Jesús Castillo, research economist at the Natixis group.
– Elisabeth Gressieux, professor specializing in business ethics.
– Daniela Ordoñez, French economist at Oxford Economics.