The recent collapse of Silicon Valley Bank (SVB) has spooked markets, with investors fearful of a potential domino effect as US markets trend lower. Standard Chartered Bank believes that market sentiment has been materially impacted and is taking a cautious position on US equities. Following the SVB fallout, share prices of many global financial institutions tumbled, including Credit Suisse –…
CIO Insight – Standard Chartered: Beware of SVB fallout
By Carly Lau, reporter | 16 March 2023

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