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Nouriel Roubini economics professor at New York University
Nouriel Roubini, economics professor at New York University.

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  • The collapse of Silicon Valley Bank could hit companies outside the US, Nouriel Roubini has warned.
  • At least one big European bank faces the same financial problems as SVB, the 'Dr. Doom' economist said.
  • Roubini spoke before worries about Credit Suisse sank its shares and revived fears about banks.

Nouriel Roubini, one of the economists who predicted the 2008 financial crash, has warned that Silicon Valley Bank's failure poses a risk of global banking contagion and the fallout could hit companies beyond the US. 

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Markets, MI Exclusive, Stocks, Nouriel Roubini, SVB, Credit Suisse, Financial Contagion, SVB collapse, US Markets, European Markets, European Banks, Contagion, bank sector, bank crisis
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'Dr Doom' Nouriel Roubini warns SVB's collapse could spread havoc beyond the US