Wednesday, March 22, 2023
In an interview conducted by Jon Parsons for UWaterloo news, Co-Director James R. Thompson discusses the current banking crisis and its resemblance to the banking issues that took place back in 2008. James goes in-depth to discuss the collapse of Silicon Valley Bank (SVB) along with other US banks, the subsequent effect of this on Canadian companies and European banks, and advice for Canadians who are concerned about the recent banking instability.