Banking On Clarity To Quell Market Jitters
Yeap Jun Rong, Market Strategist, IG International
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It has been a choppy trading week particularly for financial stocks this week with the collapse of Silicon Valley Bank, Signature Bank and Silvergate Bank - and then concerns over the 160-year-old Crédit Suisse which caused its shares to tank. Yeap Jun Rong, Market Strategist at IG International, breaks down these stories for us to help see beyond the dust that has yet to settle.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Shazana Mokhtar, Keith Kam
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Categories: markets, international, Corporates
Tags: silicon valley bank, credit suisse, us federal reserve, banking sector,