Stock markets have gone into retreat globally over concerns for the health of US banks in the tougher economy.
Banking stocks had led Wall Street lower on Thursday afternoon after trouble at two Californian banks.SVB Financial Group, parent of startup-lender Silicon Valley Bank, then revealed an equity sale after noting aSVB stock lost 70% of its market value while shares of big US banks were dragged down with it.
JPMorgan Chase, for example, ended the day more than 5% lower and banking stocks in Asia and Europe followed in Friday deals.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Glasgow tenants celebrate 20 years since housing stock transferTenants in Glasgow have celebrated two decades since a huge housing stock transfer took place.
Weiterlesen »
Big Sur residents told to stock up on essentials ahead of stormParts of California, including Big Sur, south of San Francisco, are preparing for a new storm.
Weiterlesen »
Fund managers call for pensions rule change to revive UK stock market\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Weiterlesen »
Silicon Valley Bank shares tumble after launching stock sale\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Weiterlesen »
Bottega Veneta Just Launched A New Handbag And It Can’t Stay In StockThe new bag has received the Vogue editors’ seal of approval.
Weiterlesen »