News   /   Spotlight

US Bank Failures

US banks have logged record deposit outflows in first quarter of 2023, marking largest decline since 1984. According to experts, January-March period marked fourth consecutive quarter of industry outflows in the US.

In this edition of the Spotlight, Press TV interviews John Edmunds, professor of finance at Babson College from Wellesley, Massachusetts, and Marcia Baker, economic expert at Executive Intelligence Review from Washington, to look at the state of the US banking system, reasons behind its failure, and the role of the regulators.


Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.co.uk

SHARE THIS ARTICLE
US
Press TV News Roku