‘The very first bank crisis of the Twitter generation’: The tension on banking companies is quite diverse from 2008

‘The very first bank crisis of the Twitter generation’: The tension on banking companies is quite diverse from 2008


Critical Points
  • This is “the first bank disaster of the Twitter era,” Paul Donovan, main economist at UBS Global Wealth Administration explained to CNBC.
  • Social media, cell banking and enhanced restrictions necessarily mean that a monetary crisis right now would glimpse really distinctive from 2008.
  • Social media not only permits rumors to unfold a lot more simply, but also significantly more quickly.



Supply

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