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Will the sale of Silicon Valley Bank relieve pressure on the system?

First Citizens Bank - a regional US bank has agreed to buy assets and loans of collapsed US lender Silicon Valley Bank bringing some stability to the markets.

After a few weeks of bad news about bank failures, financial markets are slowly coming back to normal. Central banks around the world have stressed that the banking system is safe and lenders are well capitalised. Analysts, however, admit that risks to financial stability have increased.

(Picture: Make Your Life Easy With Online Mobile Banking Service. Picture Credit: Getty Images)

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27 minutes

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Mon 27 Mar 2023 22:32GMT
大象传媒 World Service except Europe and the Middle East

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  • Mon 27 Mar 2023 21:32GMT
    大象传媒 World Service Europe and the Middle East
  • Mon 27 Mar 2023 22:32GMT
    大象传媒 World Service except Europe and the Middle East