We are not at the new Lehman, no U-turns are needed on the rules

Listen to the audio version of the article

Is a new global financial crisis exploding? No. These were isolated cases. Overall the banking sector is solid. A bigger risk is how regulators will react. I’ll explain.

Pessimists are convinced that Silicon Valley Bank has opened Pandora’s box in the American banking sector. Credit Suisse has extended these concerns globally. But SVB was a case in itself. Most of his clients were local tech venture capital firms, their startups…