Steve Eisman
Steve Eisman.
  • Today's banking turmoil isn't close to the 2008 financial crisis, Steve Eisman told CNBC.
  • Current problems are more confined to regional lenders that resemble Silicon Valley Bank, he added.
  • "When JPMorgan goes down, Planet Earth burns. When First Republic, if it were to go down, it's a problem."

The banking panic that has spawned headlines for the past few weeks is no return to the 2008 financial crisis, Steve Eisman told CNBC on Monday.

Rather, it's a problem confined to a handful of regional lenders of a similar type to Silicon Valley Bank, he added.

Portrayed in "The Big Short" for his global financial crisis predictions, the Neuberger Berman senior portfolio manager said the current turmoil is manageable, and does not pose a systemic risk.