The events of the collapse of the bank "Silicon Valley Bank" and"Signature Bank", last month, cast a shadow over the global banking sector as it reinforced fears that the new system characterized by higher interest rates has weakened corporate borrowers, from here the term zombie companies pop up.
After the collapse of the Silicon Valley Bank, US Treasury Secretary Janet Yellen said that the federal government will not save the Silicon Valley Bank, but is working to help depositors who are worried about their money.
On Saturday, Bloomberg quoted people familiar with the matter as saying that First Citizens Bankers is evaluating an offer to acquire Silicon Valley Bank.
The share prices of Germany's biggest lender Deutsche Bank (DB) plunged on Friday as concerns about the health of European banks are mounting in the wake of the collapse of banks in the United States.
The outlook for the global economy has declined in the face of inflation and rising interest rates which have proven more resilient than expected in the face of higher interest rates and the shock of Russia's invasion of Ukraine.
Sharon Stone loses half of her money after the collapse of the Silicon Valley Bank
We have 76 guests and no members online
1, Neil J Ireland, solicitor of
25 Warwick Road -Coventry CV1 2EZ