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Welcome To IANS Live - BUSINESS - European bank shares drop after Credit Suisse bailout

Major falls were seen in early trading in Germany s Deutsche Bank and France s BNP Paribas, although shares in both have since recovered some losses, the BBC reported.BNP ....

United Kingdom , City Of , Silicon Valley Bank , Signature Bank , Credit Suisse , Germany Deutsche Bank , Deutsche Bank , Standard Chartered , Hong Kong , Hang Seng , Valley Bank ,

Welcome To IANS Live - LatestNews - European bank shares drop after Credit Suisse bailout

Major falls were seen in early trading in Germany s Deutsche Bank and France s BNP Paribas, although shares in both have since recovered some losses, the BBC reported.BNP ....

United Kingdom , City Of , Silicon Valley Bank , Signature Bank , Credit Suisse , Germany Deutsche Bank , Deutsche Bank , Standard Chartered , Hong Kong , Hang Seng , Valley Bank ,

MSNBC Chris Jansing Reports June 4, 2024 17:23:00

Pretty solid. why should i worry about the other stuff? what does this tell us about the economy? what is the big picture? the big picture is, this is still a financial story. inflation, the federal reserve are issues that are not necessarily unrelated but can be partitioned from what happened which is there are a massive earthquake in the banking industry where silicon and signature went under, and now you see money shifting around. it s moving from the big banks to the smaller banks. i m not going to get into the nuances. when all that money is shifting at that rapid pace, there s a lot of concern that some of those banks as the money is flowing around might not make it out of that. it depends where it settles. how do i know if my bank is one of them? as a customer, all you need to know is that $250,000 insurance is going to cover you. most households have less than that. even in the worst-case scenario, your bank completely blows up, that fdic insurance will cover you up to $2 ....

The Big Picture , Federal Reserve , Hush Money , Banking Industry ,

KGO ABC World News Tonight With David Muir June 4, 2024 22:39:00

Americans. the parade is on tomorrow as scheduled. whit? encouraged to hear that news. aaron katersky, thank you. next, concern over the and treet one week after u.s. the collapse of silicon its former parent company now filing for bankruptcy. the dow falling 384 points jusr unveiled a $30 billion plan to rescue first republic bank. a new report claiming first republic executives sold $12 million in stock months before the crash. here s abc s erielle reshef. reporter: tonight, wall street closing out the week with a rocky ride, stocks plunging nearly 400 points even after that $30 billion rescue of the troubled first republic bank by the country s biggest banks. there s still a lot of angst in the marketplace. i think there are some investors worried that we may see a bank failure or two this weekend. reporter: president biden today pushing congress to ....

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