Heart of the Matter - S3E32: Can a bank go bust in Singapore?
It started with the collapse of Silicon Valley Bank in the US and was followed swiftly by the emergency rescue of beleagued Credit Suisse by UBS. How does a bank go bust? What drives panic and fear that leads to a bank run and can it happen in Singapore? Steven Chia gets answers from Sumit Agarwal, Low Tuck Kwong Professor at the School of Business at the National University of Singapore and Thilan Wickramasinghe, Head of Research Singapore & Regional Head of Financials at Maybank Investment Banking Group.