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https://www.wsj.com/articles/a-rapid-finance-world-must-ready-for-a-slow-motion-banking-crisis-c80a2489
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In recent decades financial crises have tended to be fast-moving and violent. They usually revolve around a handful of companies or countries, and often climax over a weekend, before Asian markets open.
That template is grounds for hope that the worst of the
current turmoil may have passed with the collapse of Silicon Valley Bank and Signature Bank and the forced merger of Credit Suisse with UBS Group AG this month, as well as the federal backstops implemented in response to these events.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
