The Frankfurt-listed shares of First Republic rose as much as 5% in early trading on Friday. "While markets are relieved that the Swiss central bank stepped in, sentiment is bound to remain very fragile, particularly as investors will likely worry about the eventual economic impact of aggressive monetary policy tightening by the ECB," said Frédérique Carrier, head of investment strategy for RBC Wealth Management. The ECB supervisors saw no contagion to euro zone banks from the market turmoil, a source familiar with the content of the meeting told Reuters, adding that supervisors were told deposits remained stable across euro zone banks and exposure to Credit Suisse was immaterial. The ECB, which on Thursday raised interest rates, held another ad hoc supervisory board meeting earlier this week in an unusual move ahead of a scheduled gathering next week. Shares in Switzerland's second-largest bank fell again on Friday despite the move. The rescue package came shortly after embattled Credit Suisse (CSGN.S) tapped an emergency central bank loan of up to $54 billion to shore up its liquidity. banks on Thursday swooped in to rescue the San Francisco-based lender, which was caught up in market volatility triggered by the collapse of two other mid-size U.S. lenders threw First Republic Bank (FRC.N) a $30 billion lifeline and tapped record amounts from the Federal Reserve. March 17 (Reuters) - European Central Bank supervisors see no contagion for euro zone banks from recent turmoil, a source said on Friday, after U.S.
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