Germany puts local SVB branch under restriction
STORY: Germany is among nations scrambling to react to the collapse of U.S. lender Silicon Valley Bank.
On Monday (March 13) the country’s financial markets regulator said it was imposing a moratorium on the bank’s branch there.
BaFin said the situation posed no “threat to financial stability”.
But that didn’t do much to reassure investors, with European bank stocks tumbling.
Jochen Stanzl is chief markets analyst at CMC Markets:
“There is a huge amount of uncertainty around because there is the fear of a contagion effect, that what happened at SVB could happen at large banks. That’s the reason for the losses for bank shares. At the same time investors may think that the timing is not bad to take profits after the DAX rose 30% since October.”
Over the weekend, U.S. authorities moved swiftly to reassure SVB depositors, saying it would guarantee access to their money.
But the collapse of the bank has sparked fears for the health of the sector worldwide.
U.S. bank stocks tumbled as much as 7% in early trade Monday, and Germany hasn’t been spared either.
By early afternoon in Europe, Deutsche Bank shares were down over 5%.
Other lenders also tumbled, driving Europe’s STOXX 600 index to losses of over 2%.
相關影片推薦
- 1:22巨型發光深海「廣鰭八腕魷」罕見現身 誤將攝影機當獵物 超近距離 科學家驚豔Yahoo奇摩(國際通)27,520 次觀看・19 小時前
- 2:03張菲持逾千張鴻海!60元抱到170元賺破億元民視影音32,157 次觀看・18 小時前
- 1:50新青安衝房市買氣 小資族嘆:房貸吃掉逾7成月薪|#鏡新聞鏡新聞6,529 次觀看・21 小時前
- 1:58達文西《蒙娜麗莎》主角背後景觀成謎 地質學家岩層解密Yahoo奇摩(國際通)24,054 次觀看・19 小時前
- 1:401.6公里百餘棵樹全砍光 綠蔭道消失民眾心痛華視影音114,646 次觀看・1 天前
- 1:3360歲婦常豆腐乳配吐司 長期營養不均害腦病變東森新聞影音30,228 次觀看・16 小時前
- 1:33斑馬線腳踏車禁入!屏東男挨撞吃罰單 還得賠10萬TVBS新聞網影音27,934 次觀看・16 小時前
- 1:14當年懷雙胞胎支持太陽花 她嗆藍白「說什麼國會改革?」民視影音4,480 次觀看・10 小時前
- 1:47民團直衝民眾黨部 喊話柯文哲別讓8立委變"啞吧票"民視影音142,509 次觀看・1 天前
- 2:10機車大廠推充換電兩用車 攻電動機車市場非凡新聞影音1,105 次觀看・1 天前
熱門必看
- 1:03湯唯與孔劉劇照曝光 兩人笑臉盈盈好養眼娛樂星聞36,659 次觀看・3 天前
- 3:01甜點、便當通通只要日幣XXX元! 網友實測LAWSON 100有多好逛Yahoo創作摩人27,902 次觀看・1 週前
- 12:47【不夠善良的我們】大結局解析+討論 照顧情敵的原因?何瑞之到底愛不愛老婆?許瑋甯也太會演了吧!Ki笑人生77,006 次觀看・1 週前
- 12:582024買不起房,都是自己害的?近30年台灣房價都不會下跌,未來房子只會越來越小 ft.游庭皓SHIN LI57,166 次觀看・1 週前
- 9:14【爆球連發】" OS特化扳機 !! " OS-109 獨角獸 開箱測試雷達之星11,479 次觀看・3 天前