Gravitas: Will collapsing American banks spark recession?

Just two days after the collapse of the Silicon Valley Bank, the Signature Bank based out of New York gets shut by U.S. regulators. But what has suddenly sparked this crisis in U.S. banks? Will it have a spill over effect on banks in other parts of the world? Mohammed Saleh gets you more details. #Gravitas #America #BankCollapse About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
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