‘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.

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