Credit Suisse and SVB: Is global banking in crisis?

Banks in Europe and the United States have been wracked by turmoil during the past fortnight [File: Denis Balibouse/Reuters]

Global banking has been in turmoil over the last two weeks following a series of stunning bank collapses in Europe and the United States.

Despite a series of rescue packages for troubled lenders and the assurances of governments and financial regulators, concerns about the health of the global financial system persist in the aftermath of the March 10 collapse of Silicon Valley Bank (SVB).