A bank run affects just one bank. A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time. In a systemic banking crisis, all or almost all of the banking capital in a country is wiped out.
I just thought that the real estate business in Romania started to slow down, when Deutsche Bank decided to come into business. And not as a common investor, but signing a $340 million forward purchase contract for 3 projects for office and residential buildings being developed in Bucharest.
Share in GDP of US financial sector since 1860
