Global Banking Crisis Sparks Calls for Central Bank Action.

Investors and analysts are calling for more coordinated interventions from central banks to restore financial stability, as they fear that tumult in the global banking sector will continue amid rising interest rates. Some believe that central banks should not separate monetary policy from financial stability at a time of heightened fears that banking woes could lead to a widespread financial crisis. Others, however, think regulators will be able to ensure financial stability while continuing with their inflation-fighting campaign. For now, few investors see this year's events as a repeat of the systemic crisis that swept through markets in 2008, but they are wary that another bank run could erupt if people believe U.S. or European regulators won't protect depositors.