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News Forum - Digital bank runs: How social media fuels panic and threatens financial stability


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A crisis of confidence in the US banking sector has led individuals to withdraw their money from financial institutions including Silicon Valley Bank, Credit Suisse, First Republic Bank, and California-based PacWest Bancorp. This series of events has given birth to a new term in the finance lexicon: digital bank run. In contrast to traditional bank …

The story Digital bank runs: How social media fuels panic and threatens financial stability as seen on Thaiger News.

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