David Furlonger here. Incidents in Asia highlight the reach of the credit crisis on otherwise comparatively protected markets. They also indicate that the consumerization of IT has led to real-time influence over bank viability. Recently a rumor in Malaysia spread that suggested depositor protection was available up to only Rng 60,000. This lead to a [...]
Category: Uncategorized Tags: banking and investment services, consumerization of it, financial crisis, IT, liquidity, silent bank run
