The global banking system is under some extreme stress. Over the past few weeks, three U.S. banks have failed. And Swiss bank Credit Suisse has been acquired by its biggest rival after it also ran into trouble.
It's natural to be worried. Is this the start of a run on the banks? A financial crisis? Or is this a lot of media hype? Most importantly, when it comes to American banks on the other side of the world - how concerned should we be here in Australia?
Today Darcy and Sascha ask - is this the beginning of a bank crisis?
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In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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