ifo Viewpoint
The Current Banking Quake: Where Does It Come from and What Should Policy Makers Do?
Clemens Fuest
ifo Institute, Munich, 2023
ifo Viewpoint No. 246
ifo Institute, Munich, 2023
ifo Viewpoint No. 246
![](https://www.ifo.de/DocImg/ifo-viewpoint-2023-246-banking-quake.jpg?c=1689236875)
The crises at Silicon Valley Bank and Credit Suisse have shaken the world of fnance. While policymakers and central banks are being placatory, the markets are not calming down. Banks that very recently seemed healthy are running into liquidity problems.