A former senior deputy at the Bank of Canada said warnings signs were evident before the SVB banking crisis hit financial systems. Read on.
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Carolyn Wilkins, who now serves as a senior research scholar at Princeton University, in addition to other roles, made the comments during a university panel discussion about the crisis on April 11.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Wilkins added that at the same time, banks should have enough insight into their own interest rate sensitivities, the strength of their deposits and the risk that customers might pull their money out.
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