Tag: uk pm rishi sunak of global bank crisis
Posted in Business
Credit Suisse rescue sends relief, but First Republic shares slump continues
Shares of U.S. lender First Republic tumbled nearly 50% on Monday on fears it will need a second rescue to stay afloat, bucking a broader…
Posted in Business
UK PM Sunak trusts UK Banking system safe despite Credit Suisse collapse
Prime Minister Rishi Sunak believes the UK’s banking system remains safe from contagion in the wake of the collapse of Swiss giant Credit Suisse. British…