Banking Stress Eases
Marc Chandler
March 21, 2023
Overview: The banking crisis is ebbing. The Bank of
England and European Central Bank assured investors that the AT1 bonds are
senior to equity claims, and Switzerland is a unique case. Bank share indices
in the Europe and the US rose yesterday, even though the shares of First
Republic Bank fell by 47% yesterday. The $123-stock at the end of last …
Banking Stress Eases
Reviewed by Marc Chandler
on
March 21, 2023
Rating:
