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https://www.barrons.com/articles/el-erian-bank-failures-first-republic-7b2030ea

Mohamed El-Erian: Bank Failures Will Trigger More Regulation. Maybe Too Much.

By
Stevie Rosignol-Cortez
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‘When a central bank makes repeated mistakes, it needs to be held accountable,’ says El-Erian, chief economic advisor at Allianz. This interview was filmed on April 12, 2023 at the Bruin/Sportico 2023 conference.

The banking industry problems first exposed by the March failure of Silicon Valley Bank clearly haven’t been solved yet. From the Federal Reserve review released Friday shouldering a slice of the blame for the SVB collapse, to the news that First Republic Bank had been seized by regulators and sold to JP Morgan Chase (ticker: JPM), the dominoes are still falling.

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