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I also don't understand it. From what I've been reading, the UK SVB bank was in significantly better shape... But there was a fear that people might also run on

I also don't understand it. From what I've been reading, the UK SVB bank was in significantly better shape... But there was a fear that people might also run on it as well out of fear/misunderstanding... And that is obviously bad for banks in general.

capableweb 4y ago
> the UK SVB bank was in significantly better shape The Bank of England seems to disagree with you. Not sure why they would think placing it into the "Bank Insolvency Procedure" is appropriate based on just rumors, they must sit on more information than both you and me.