MNI BRIEF: Canada Feb Teranet Home Price Index Record -11% YOY

MNI China Daily Summary: Friday, March 17

MNI BRIEF: PBOC Cuts RRR By 25bp To Boost Economy, Liquidity

MNI DATA FORECASTS: Fed, BOE To Lead

Fed Watch

MNI: US FEB INDUSTRIAL PROD +0.0%; CAP UTIL 78.0%

MNI BRIEF: Fed, Treasury, FDIC-Big Banks Back First Republic

MNI BRIEF: Trudeau Justified Using Emergency Act, Judge Finds

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
OIL

Italian Cabinet To Decide On Go Ahead Of ISAB Refinery Sale

OIL

Crude Rebounds From Mid 71$/bbl for Third Time This Week

FED

25bp Hike Likely Next Week, With Softer Fwd Guidance But No QT Shift

SWEDEN

FM-Turkey's Decision On No NATO Ratification 'Unwelcome' But Expected

LOOK AHEAD

FOMC Week Ahead

TURKEY

Fitch to Review Turkey Sovereign Rating After Hours

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

MNI BRIEF: Eurozone Banks Likely Safe, SVB Risk Remains- Scope

(MNI) LONDON

Basel framework should prevent systemic banking collapse, but irrational actors may multiply risks, ratings agency says

Policy NewsCentral Bank NewsHomepageEuropeEurozoneBriefStoryRegionNorth AmericaEuropean Central Bank (ECB) Market News
True

European banking’s robust regulatory and supervisory framework, solid capital and liquidity buffers mean a repeat of the US-based SVB crisis is unlikely, with investor confidence in banks likely to remain high and systemic risks contained, rating agency Scope said on Tuesday.

However, “irrational behaviour, herd mentality and the actions of aggressive short sellers mean damaging impacts cannot be excluded for targeted institutions,” they added, with the likely failure of more US banks expected to reverberate for some time.
86 words

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

European banking’s robust regulatory and supervisory framework, solid capital and liquidity buffers mean a repeat of the US-based SVB crisis is unlikely, with investor confidence in banks likely to remain high and systemic risks contained, rating agency Scope said on Tuesday.

However, “irrational behaviour, herd mentality and the actions of aggressive short sellers mean damaging impacts cannot be excluded for targeted institutions,” they added, with the likely failure of more US banks expected to reverberate for some time.