News Formal

MARKET WRAP: JSE plunges as banking sell-off continues

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Credit Suisse’s woes add to growing fears about the health of financial institutions following the collapse of Silicon Valley Bank

The JSE tracked the global equities slump on Wednesday as the sell-off after the collapse of Silicon Valley Bank regained momentum from fresh turmoil at Credit Suisse.

Mounting troubles at the Swiss lender added to jitters after its biggest shareholder, Saudi National Bank, said it would not inject more money into the bank, which is already battling to recover from a string of scandals that have undermined client and investor confidence. Credit Suisse shares lost as much as 30% of their value on the day, hitting an all-time low...

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

MARKET WRAP: JSE takes cold comfort from US inflationGlobal equities rebound after US price increases in February were within expectations
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Business Maverick: Asian stocks drop, led by banks amid rates turmoil: markets wrapAsian equities extended declines on Tuesday, led by weakness in financial stocks as the collapse of Silicon Valley Bank continued to reverberate across global markets.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »