Banking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS Group pummelled by worries that the worst problems in the sector since the 2008 financial crisis have not yet been contained.
edged about 0.4% lower in premarket trade on Friday. Shares of regional lenders, the focus of the strongest investor concerns, were mixed.
These convertible bonds were designed to be invoked during rescues to prevent the costs of bailouts falling onto taxpayers. "I think it had very profound implications for the regulation of banks, and for the way that banks manage themselves," Winters said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Deutsche Bank drops, weighing on banking stocks and Scholastic tumbles on disappointing resultsU.S.-listed shares of European banks such as Deutsche Bank, UBS and Credit Suisse were under pressure, while
Leer más »
Citigroup CEO says banking system ‘pretty sound’ after failures of Silicon Valley Bank, Signature BankCitigroup Inc CEO Jane Fraser on Wednesday expressed optimism in the nation's banking system despite the failures of Silicon Valley Bank and Signature Bank.
Leer más »
Deutsche Bank shares slump in latest sign of bank worriesDeutsche Bank shares slumped on Friday, putting the health of another globally systemic important bank in the spotlight heading into the weekend.
Leer más »
Gold climbs for 3rd day as bank jitters spread to Deutsche BankGold futures advanced on Friday for a third straight day, after logging the highest settlement level for a most-active contract in more than a year in the...
Leer más »
Powell speech: Isolated banking problems can threaten banking system if left unaddressedFOMC Chairman Jerome Powell comments on the policy outlook after the Federal Reserve's decision to raise the policy rate by 25 basis points to the ran
Leer más »
India seeks data on state-bank bond portfolios amid global banking turmoil - sourcesIndia has asked state-owned lenders to submit details of their bond portfolios ahead of a quarterly meeting between the government and banks this Saturday, amid the turmoil in global banks, seven bankers with direct knowledge of the matters told Reuters on Thursday.
Leer más »