Adriaan Pask on understanding the current delisting phenomenon on the JSE
In this edition of the PSG Wealth Employee Benefits Monthly, we bring you highlights of a recent Moneyweb podcast with our Chief Investment Officer, Adriaan Pask on understanding the current delisting phenomenon on the JSE.
Crisis in global banks – are we concerned?
In March 2023, financial markets were shaken by the biggest banking failure since the 2008 Global Financial Crisis. Two US banks collapsed, including Silicon Valley Bank, which went bust on March 10, 2023, after many clients attempted to withdraw their deposits. This was the second-largest bank failure in US history and the largest since 2008. Additionally, challenges emerged at a third EU bank. This Special Report summarises our view on the events that have unfolded.