13 Mar 2023

NZ well-placed to absorb shocks from US bank collapse - govt

From Checkpoint, 5:45 pm on 13 March 2023

The government says New Zealand is well-placed to absorb the shocks posed by the collapse of US bank Silicon Valley.

US authorities are stepping in to guarantee all customers of the failed bank will be able to access their funds - with some NZ companies caught up in the fallout.

Giles Dexter reports.

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