Economy

It’s the U.S., not Europe’s banking system that’s a concern, top economists say

0


A cargo barge on the River Rhine near the European Central Bank (ECB) headquarters at sunset in the financial district in Frankfurt, Germany,

Bloomberg | Bloomberg | Getty Images

Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.

A central theme at the Ambrosetti Forum in Italy on Thursday and Friday was the potential for further instability in financial markets, arising from problems in the banking sector — particularly against a backdrop of tightening financial conditions.

The collapse of U.S.-based Silicon Valley Bank and of several other regional lenders in early…



Source cnbc.com

0 0 votes
Article Rating

How inflation disproportionately hurts women

Previous article

Don’t be fooled by these 9 common money myths, finance gurus say

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Economy