On the Road to Stability: Lessons We Should Have Learned from the Banking Crisis

Former JPMorgan Chase Global Chief Economist and PH.D in Economics

The recent failure of Silicon Valley Bank and Signature Bank sent shockwaves throughout the industry, causing many to worry about the potential adverse effects on loan growth and overall economic activity.  As depositors pulled their money out of regional banks like First Republic Bank, many wondered if it would hurt economic growth due to reduced loan …