PSG Wealth chief investment officer Adriaan Pask discusses the recent collapse of US banks and its impact on SAThe biggest banking failure since the 2008 global financial crisis shook financial markets in March 2023, after a few US banks collapsed.igher rate cycles expose theIn this podcast, Adriaan Pask, chief investment officer of PSG Wealth,Pask says though a few US banks have collapsed, the SA banking sector has displayed resilience and has been well insulated from the global fall.
And though there are talks of a looming recession,Pask says there lies an opportunity to get into investments that may have likely been too expensive before.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: