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Bundesbank Chief Says Europe Stands Ready, But This Isn’t 2008

The Bundesbank president says policymakers are ready in case of financial turmoil, but the situation now is different from 2008. The collapse of Silicon Valley Bank and the emergency rescue of Credit Suisse has raised questions about financial industry stability.

1 min read
  • The Bundesbank president says policymakers are ready in case of financial turmoil, but the situation now is different from 2008.
  • The collapse of Silicon Valley Bank and the emergency rescue of Credit Suisse has rattled investors and raised questions about broader financial industry stability.
  • The capital adequacy situation is different now and policymakers have achieved a lot in terms of bank capitalization.
Bundesbank Chief Says Europe Stands Ready, But This Isn’t 2008
BloombergAlastair Reed

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