Four ways to protect your small business from a banking crisis

By Monomita Nandy, Reader in Accounting and Finance; Director of Internationalisation, Brunel University London
Suman Lodh, Associate Professor in Finance, Kingston University

The banking sector is currently experiencing great strain, which has resulted in several bank bailouts – most recently UBS’ deal to buy its Swiss competitor Credit Suisse following a collapse in confidence in the latter. HSBC’s acquisition of the UK arm of the collapsed Silicon Valley Bank the previous week brought great relief for its depositors, many of which were small tech start-ups.

SVB’s UK clients were lucky that the government facilitated the rescue…

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