Why banks fail : unrelenting bank runs, the conundrum of central banking & South Africa's place in the global order

"In a world where banks are perceived as unshakable fortresses, there is a worrying truth that lies just beneath the surface: banks are far more fragile and fail more frequently than we choose to believe. In the US alone, more than 560 banks have failed since the turn of the century, In South Africa, the collapse of Saambou in 2002 sparked the A2 banking Crisis, which saw half the country's banks deregistered in the aftermath. In 2023, the high-profile failures of SVB, First Rebuplic Bank, Signature Bank and Credit Suisse dominated global headlines and set off waves of panic across the international banking landscape."--Publisher's description