Frankfurt am Main is not Zurich. Or maybe yes. Not even two weeks have passed since the flash rescue of Credit Suisse under the direction of the Swiss government, in conjunction with UBS, which another European institution, perhaps the most important, does not seem to be standing: Deutsche Bank. Its quotation, in one day it […]
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Stock exchanges, Black Friday for banks: Deutsche Bank collapses and terrorizes the market
Black Friday for the banking sector. The financial market turmoil triggered by the failure of Silicon Valley Bank and two other regional US banks, and the bailout of Credit Suisse, continues unabated. The securities of credit institutions, starting with the giant German Deutsche Bank, are back in the crosshairs and investors are questioning the stability […]
Financial markets, Credit Suisse sinks stock markets
International finances are still shaking. After the still hot case of the US Silicon Valley Bank, which knocked out the international stock markets for a day, yesterday a second blow from the tile put the nerves of savers and investors to the test. Swiss bank Credit Suisse plunged more than 20 percentage points on news […]
Collapse of European stock markets: Milan spikes after Silicon Valley bank collapse
A decidedly negative day for all European stock markets. After the collapse of the Silicon Valley Bank of California, now fears about Credit Suisse, whose shares are sinking, are knocking the index of the area, the stoxx 600 which, with the negative start in Wall Street, loses more than two points and Midle. Finance, energy […]
Credit Suisse is also sinking, Giorgetti reassures but there’s a storm on the banks
European stock markets and Italian bank shares were in free fall after Credit Suisse’s stock market crash as the Saudi National Bank, the institution’s main shareholder, ruled out financial support in case of more liquidity requests. Meanwhile, investors’ eyes are on the bankruptcy of Silicon Valley Bank (Svb) and the ECB meeting, which will decide […]
SVB like Lehman? Fear of a new global crisis
Panic in financial markets after the bankruptcy of Svb Financial Group, the second largest bank failure in US history after Lehman Brothers collapsed in 2008. The possible repercussions of this financial collapse on the banking sector also finished the job, causing almost all world stock markets to close with sharp declines. What happened, but first […]
Fear of recession shocks European stocks
Fears that the global economy is headed for a recession has led most major European stock markets to close out Tuesday’s session with losses of nearly 3%, in line with the negative open of wall street, which has also led to a 10% drop in oil prices and the depreciation of the euro against the […]