INVESTORS STEPPED CAUTIOUSLY into bank stocks on Tuesday, emboldened by the rescue of Credit Suisse, with share prices inching tentatively higher amid continuing concerns about smaller US lenders and further financial market ructions.
After a tumultuous 10 days which culminated in the 3 billion Swiss franc ($3.2 billion) Swiss-regulator-engineered takeover of Credit Suisse by its rival UBS, attention has now shifted to this week's meeting of the US Federal Reserve.
The demise of 167-year-old Credit Suisse was triggered by the collapse of US lenders Silicon Valley Bank (SVB) and Signature Bank, and investors are concerned about potential bombs ticking elsewhere in the financial system.
この記事は Financial Express Mumbai の March 22, 2023 版に掲載されています。
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この記事は Financial Express Mumbai の March 22, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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