Fifty years ago, the Rubik’s Cube was the thing, the infectious rhythm of “Kung Fu Fighting” echoed from car radios, and the world watched as Muhammad Ali and George Foreman
Alaska’s banks are on solid footing and lack the problems that have caused other banks to fail in recent weeks, industry observers say. The banking crisis sent shockwaves through global markets and raised questions about how far the fallout will spread.
Alaska banks and credit unions are less exposed to risk from the rising interest rates and uninsured deposits that hurt Silicon Valley Bank and other banks, officials say.