A slowing down of the U.S. economy is still a possibility with struggling start-ups taking money out of banks and less being lent, says a financial expert.

Matt Maley, chief market strategist of investment firm Miller Tabak and Company, said that he while he foresees as downturn he does not think that the world is facing a 2008 style banking crisis following the collapse of Silicon Valley Bank (SVB).

But he believes that people should not be too bullish following U.S. authorities stepping in on March 10 to take over the failed bank and regional lender First Citizens acquiring it.

SVB, a bank which had many tech and start-ups among its clients, suddenly collapsed earlier this month after a bank run which triggered the worst banking shock since 2008, and also has drawn some of Europe's biggest lenders into investors' focus.

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Maley told CGTN: "We've already seen it with these startups. A lot of these companies had already been seeing a lot less money coming from the private equity firms and venture capital firms that had been funding them for so long. That's why they needed to go to the bank and get some of their money out."

The decrease in investment has the knock-on effect of less lending from the banks, Maley explains.

"That's the type of thing that can, could and probably will, I think, lead us to recession," he said on CGTN's Global Business program. "that doesn't mean we have a 2008 style crisis, but it does mean that people need to be a little bit careful about assuming that just because we seem to have averted a banking crisis, that we still don't have repercussions down the road that will cause the markets and the economy to slow down."

First Citizens' acquisition of SVB after the Federal Deposit Insurance Corporation (FDIC) stepped in to take over the bank is being seen as a move in the right direction.

Signs that SVB's failure is being resolved by authorities in a smooth manner could help underpin confidence, especially among fragile U.S. regional banks, whose stocks rose sharply on Wall Street at the start of the week.

"We've heard all sorts of concerns whether this will become a contagion, especially with the things that went on with Credit Suisse," Maley continued. "This is the kind of development that shows that there's some other banks that have confidence in what the portfolio they have left over." 

Following the 2008 financial crisis there was more regulation for bigger banks in the U.S. and now the latest problems could lead to more regulation for their regional counterparts in the country.

While Maley is predicting things won't be as serious as 2008 he expects the U.S. economy to "face some serious or at least some somewhat serious headwinds as we move through the year."