Experts Weigh In on the Implications of Recent Banking Turmoil. After a tumultuous week in the banking sector, industry experts have been assessing the impact of recent events, including the collapse of Silicon Valley Bank and UBS's takeover of Credit Suisse. While these events caused turbulence in share prices across the banking industry, the reasons behind each bank's troubles are vastly different.

The invasion of Ukraine by Russia has increased uncertainty in the market, with potential consequences for millions of people. While the assumption is that the response will be tougher sanctions, the major unknown is how the Ukrainians and the Western powers will react. The crisis has broader implications beyond emerging markets, particularly for Europe's reliance on Russian energy.