Why are stock markets still falling and should we be worried?
The emergency takeover of Credit Suisse has failed to quell the crisis of confidence in the global banking sector.
Banking
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London’s stocks have worst day since start of Covid as banking crisis fears grow
Shares in top European banks have plunged, prompting fears of another “2008-style” financial crisis.
HSBC buys UK arm of collapsed Silicon Valley Bank
Chancellor Jeremy Hunt confirmed that all customer deposits have been protected under the deal, with no taxpayer cash involved.