ECB hikes rates amid new US banking turmoil
While a lifeline for Credit Suisse helped sooth the markets there are worries over the fate of the San Francisco-based First Republic Bank.
While a lifeline for Credit Suisse helped sooth the markets there are worries over the fate of the San Francisco-based First Republic Bank.
Europe’s banking system is deeply fragmented and the banks don’t make much money but they are unlikely to be the cause of the next crash.
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