All about bank(panic)s and the implications for policy
The recent banking turmoil in the U.S. and Europe triggered by the failure of Silicon Valley Bank \u2014 the largest bank failure since the 2008 financial crisis \u2014 seems to have abated, but questions remain about whether banking stress could resurge and what policymakers can do to prevent that. In the latest episode of Exchanges at Goldman Sachs, which is based on Goldman Sachs Research\u2019s Top of Mind report, All about bank(panic)s, former policymakers Daniel Tarullo and Thomas Hoenig, and Yale\u2019s Gary Gorton, explain the drivers behind the recent crisis, the potential for it to repeat, and what rules and regulations might help prevent that.