Bank stocks are flashing red light for EU economy

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Investors in lenders such as BNP Paribas, UniCredit and Deutsche Bank are bracing for a new wave of bad debts across Europe, writes LiamWardProud

The Euro STOXX Banks Index fell by 23% between Feb. 23, the day before Russia invaded Ukraine, and the morning of March 8.

The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on March 6.The headquarters of Germany's largest business bank, Deutsche Bank are seen behind a red traffic light in Frankfurt January 30, 2013.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines