The Collapse Of 3 US Banks & Its Impact On Asia

Carlos Casanova, Senior Economist, UBP

15-Mar-23 07:00

The Collapse Of 3 US Banks & Its Impact On Asia

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Asian markets plunged on Tuesday following the crash on Wall Street and Europe precipitate by the failures of Silicon Valley Bank, Signature Bank and Silvergate Bank. Carlos Casanova, Senior Economist at UBP breaks down how these developments might impact Asian equities and more, with Wall Street subsequently staging a recovery.

Image credit: Shutterstock

Produced by: Michael Gong

Presented by: Keith Kam, Shazana Mokhtar

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Categories: markets, economy, international

Tags: china gdp growth target, silicon valley bank, asian equities, bank of japan,

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