Silicon Valley Bank customers are queuing outside, hoping to collect their money. — © Getty Images via AFP
The unexpected collapse of the American banks SVB and Signature Bank brings back memories of the gloomiest days of the financial crisis. Then the demise of Lehman Brothers in 2008 caused an unprecedented financial alarm worldwide. Even now, panicking investors are causing a shock wave on the stock markets. All profits of this year have already been wiped out on the Brussels stock exchange. But is the fear justified?
Anton Goegebeur and Gilles Liesenborghs
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