BIS: Report on the 2023 banking turmoil
05 Oct 2023 (UPDATED: 13 Mar 2026)
International
1 min read
This report provides an assessment of the causes of the banking turmoil, the regulatory and supervisory responses, and the initial lessons learned. It discusses the failures of Silicon Valley Bank, Signature Bank of New York and First Republic Bank, the rescue of Credit Suisse, and the actions taken by authorities in response.
For more information