The bank’s stock came under severe pressure and experienced the worst trading day in its history.
(Photo: Reuters)
Frankfurt The exit from Silicon Valley Bank (SVB), triggered by the California start-up financier’s sudden need for capital, has led to the biggest sell-off in bank stocks in three years. The SVB had previously tried to cushion losses from the portfolio for a billion-dollar capital increase.
But the crisis is not only affecting the financial sector, but the entire capital market around the world. How dangerous can the turbulence still be? The most important questions and answers:
What happened?
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web and in our app.
Further