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ABC News
ABC News
Business
business reporters Nassim Khadem and Michael Janda

Credit Suisse and SVB banking crises are 'not a repeat of 2008'

Leading analysts say the current banking problems are unlikely to result in another global financial crisis. (Alicia Barry)

Just days after Silicon Valley Bank's collapse amid a run on deposits sparked fears of a US banking crisis, a sudden share price crash for European investment banking giant Credit Suisse has ramped up fears of a wider financial emergency.

However, the two institutions hit strife for very different reasons and regulators have been quick to step in and shore up confidence.

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