The bank run that led SVB to fail was a rational flight to safety, behavioral finance experts said. It shows how human psychology can inject financial risk.
Recent Posts
- Freshmen college enrollment did not fall, it rose — education research group corrects data error
- 9 questions we want answered when our 3 financial names report earnings Wednesday
- Mark Wiedman, a top BlackRock exec thought to be Fink’s successor, is leaving the company
- Budget deficit rose in December and is now 40% higher than it was a year ago
- Meta announces 5% cuts in preparation for ‘intense year’ — read the internal memo