What’s behind recent collapses in the global banking sector? | Inside Story

Concerns about the stability of banks in the U.S. and elsewhere persist. First Republic’s failure this week follows two others in the U.S. along with Switzerland’s Credit Suisse in March. So are these isolated, unconnected events? Or signs of something deeper and more worrying? Presenter: Adrian Finighan Guests: William Lee, Chief Economist at the Milken Institute, former IMF Deputy Division Chief Vicky Pryce, Chief Economic Adviser at the Centre for Economics and Business Research, former UK government adviser Cornelius Hurley, Lecturer in Financial Law at the Boston University School of Law, former Assistant General Counsel, Federal Reserve Board Subscribe to our channel Follow us on Twitter Find us on Facebook Check our website: Check out our Instagram page: @Al