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News about the impending collapse of Silicon Valley Bank in the United States quickly sent shockwaves around the world.
Panicked investors quickly started pulling out their money, and the repercussions were even felt in our tech scene.
So what went wrong here? Could this trigger a broader domino effect? And are our local banks safe from suffering a similar fate?
Today, Markets with Madison presenter and co-host of the Stock Takes podcast, Madison Reidy, is with us to explain what this all means for New Zealand.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto
Producers: Paddy Fox and Shaun D Wilson
Executive Producer: Ethan Sills See omnystudio.com/listener for privacy information. |
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