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IMF sounds warning on future challenges despite current stability in financial markets

Photo by Marvin Esteve on Unsplash

After a turbulent Friday and the rumbling of the worst financial crisis since 2008, the UK and European stock markets have largely calmed.

Germany’s largest bank, Deutsche Bank, became the focus in the latest wave of selling across banking and wider financial stocks in the wake of the forced takeover of Credit Suisse.

Its shares had fallen more than 14% at one point during a bumpy day of trading across Europe.

On Monday they bounced back to finish 6.2% up, but failed to reach the level of €9.32 (£7.59) – a share seen before the drop on Thursday evening.

Source : IMF sounds warning on future challenges despite current stability in financial markets

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