Banking stress under watch for credit crunch: Fed official

Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States of Silicon Valley Bank (SVB) and Signature Bank and the rescue takeover a week ago of Credit Suisse. Last week ended with indicators of financial market stress flashing.

from International-News-Economic Times https://ift.tt/MjKk9cA

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