Interview: SVB crisis highlights importance of banking regulation, says financial expert


  • World
  • Friday, 17 Mar 2023

LONDON, March 16 (Xinhua) -- The recent collapse of U.S. lender Silicon Valley Bank (SVB) has once again demonstrated the importance of banking regulation in terms of reducing risks, a London-based financial expert told Xinhua in a recent interview.

The implication of the SVB crisis for the financial system was that regulation was probably going to be re-examined, said Scott Davies, founder of CDAM, an investment management firm in London.

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