By and large, corporate bond markets are steadying again after the shockwaves triggered by the collapse of three US regional banks and Swiss banking giant Credit Suisse.

Failing lenders bring back memories of the dark days of 2008 and 2009. Rathbones head of multi-asset investments David Coombs explains why he thinks a global financial crisis is unlikely, but notes how technology has made banking easier for customers and harder for bankers.