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Lessons from the March 2023 bank turmoil

Authors
  • Carletti, Elena
  • Kiuhan-Vásquez, Samir
Type
Published Article
Journal
Zeitschrift für Bankrecht und Bankwirtschaft
Publisher
RWS Verlag
Publication Date
Feb 15, 2024
Volume
36
Issue
1
Pages
63–69
Identifiers
DOI: 10.15375/zbb-2024-0114
Source
De Gruyter
License
Yellow

Abstract

The March 2023 turmoil, the most significant banking stress since the Great Financial Crisis, exposed vulnerabilities in governance, risk management, and supervisory practices. This article delves into this multifaceted financial turmoil, offering critical insights into the dynamics of systemic banking stress, regulatory responses, and the evolving challenges financial authorities face.

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