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financialpost

Bank runs are still a risk to the financial system, global agency warns

financialpost
Summary
Nutrition label

76% Informative

Financial Stability Board chair Klaas Knot warns G20 leaders of G20 countries to develop ways to deal with bank runs.

Silicon Valley Bank experienced a run on deposits last year , after rising interest rates led to paper losses on its bond holdings, damaging confidence in the bank.

U.S. banks lobbied against implementation of the final rules, arguing that they would limit their ability to make loans.

VR Score

84

Informative language

85

Neutral language

62

Article tone

semi-formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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