Banking 'cancer' may be spreading as otherwise healthy firms seem vulnerable and credit gets pulled from the economy, Mohamed El-Erian says
"Now we have stage 2, where banks that are not particularly badly managed – they have issues but they're not particularly badly managed – are suddenly vulnerable," El-Erian warned, pointing to regional lenders that have been struggling since First Republic's failure this week."The cancer within them is starting to spread, and we've got to keep an eye on that," he added., and the risks of further contraction go up as banking contagion spreads.
If banking issues spur widespread financial contagion, the US would be in a true banking crisis, El-Erian said.That makes critical for regulators to contain the stress, he noted, adding that the US could also take steps to reform its federal deposit insurance.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Mohamed El-Erian slams Powell's suggestion that bank turmoil is overMohamed El-Erian slams Powell's suggestion that the bank turmoil is over – says it could be added to a list of Fed communications that eroded its credibility.
続きを読む »
Citi upgrades this financial giant, sees sharp gains ahead after banking crisisAnalyst Andrew Coombs upgraded Deutsche Bank to buy/high risk from neutral/high risk.
続きを読む »
Bitcoin's Dominance Rate Surges After U.S. Banking CrisisThe SPDR S&P regional banking ETF has tanked by 35% in two months, while bitcoin's dominance rate has increased from 42% to nearly 49%. Reports godbole17.
続きを読む »
Waiting for ECB, nervous about Fed pivot and banking sectorGlobal stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed's policy statement and signs of stress at another U.S. regional bank, spurring investors to price in a pivot rather than just a pause in rate increases.
続きを読む »
How are Bitcoin options traders positioning for the US banking crisis?
続きを読む »
How to keep your business deposit cash safe during a banking crisisThe regional banking crisis has led many business owners to rethink account relationships and risks, but making too many changes can be costly and unnecessary.
続きを読む »