Secondary Market Monthly - March 2023 Executive Summary

While Jamie Dimon wrote to his investors this week that the banking crisis is not over and will cause “repercussions for years to come”, the broader markets have seemingly recovered —at least for now. Initially, though, volatility spiked across asset classes in mid-March following the shotgun marriage of Credit Suisse and UBS and the collapses of Silicon Valley Bank and Signature Bank.


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