The Stock Exchange of Thailand experienced its most volatile week of the year, with gains and losses of more than 40-50 points, as did global bourses as a bank run led to the collapse of Silicon Valley Bank (SVB) and eroded confidence in US lenders.
The Fed and other regulators quickly moved in to guarantee all deposits and restore confidence, while major banks including Citigroup and JPMorgan injected $30 billion into another struggling lender, triggering a market rebound.
