The avalanche of fear could hardly be stopped. It first got rolling more than two weeks ago at Silicon Valley Bank in California. After the company reported unexpectedly high losses from the sale of a package of bonds, customers withdrew so much money from the institute within a very short time that it had to be covered by the deposit insurance. According to current surveys, German savers are also very nervous. She could quickly panic. When asked by economists for stricter regulations, politicians refer to “clever instruments”.
More protection for your money? Apparently undesirable
The avalanche of fear could hardly be stopped.
29 March 2023 Wednesday 03:31 - 12 reads.
Keywords:SeibelKarstenBankenEinlagensicherungCredit SuisseDeutsche BankSilicon Valley BankEuropaKalifornienUSAApple PodcastHandelsblattHesseEuropean Central BankAmazon MusicSPDPrinceton UniversitätGermanyFrankfurtSparkasseTwitterTorontoKarriere
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