Some experts find the current market reactions “exaggerated”.
Frankfurt On Wednesday, concerns about the smoldering banking crisis emanating from the USA once again put massive pressure on shares in the sector in Europe. Added to this was the fall in the price of the Swiss bank Credit Suisse, which had previously lost some of its credibility and was now also burdened by critical statements from the largest shareholder.
The papers of the financial sector came under pressure across all countries, in some cases the banks had to accept price losses in the double-digit percentage range after the shares had already suffered significantly in the days before. Houses that are considered solid, such as BNP Paribas in France and ING from the Netherlands, also lost significant market value.
Read here: The banking crisis reaches Europe – Credit Suisse shares temporarily collapsed by 31 percent
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