Pandemic-induced bankruptcy in global banking seems unlikely

The past week has reminded investors of the 2008 financial crisis. The bankruptcy of two banks in the United States and the turmoil in Credit Suisse stocks led to central bank interventions, but concerns about the health and future of the banking sector have not yet been eased. Cezary Stypułkowski, the CEO of mBank, believes that the transfer of these problems to the global system is not a very likely scenario, but the influx of funds into financial markets that…