Banking On Clarity To Quell Market Jitters

Yeap Jun Rong, Market Strategist, IG International

16-Mar-23 07:00

Banking On Clarity To Quell Market Jitters

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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,

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