BEIJING, March 23 (Xinhua) — The Silicon Valley Bank (SVB) crisis has triggered turmoil in global financial markets, a Chinese Foreign Ministry spokesperson said Thursday, urging the United States to
Tag: collapse
SVB collapse, Credit Suisse crisis pose no risk to Spain\’s banks: expert
MADRID, March 16 (Xinhua) — The chair and chief executive officer of the Spanish Banking Association (ABE), Alejandra Kindelan, on Thursday assured that there was \”absolutely\” no risk of contagion fr
Domestic banks ready to counter global turmoil
Bank: Similar cases unlikely to happen in ChinaWith troubled Swiss bank Credit Suisse casting a shadow over the global banking system, China\’s system is better placed to avoid any turmoil given its re
Cambodian PM says U.S. bank failures not affect kingdom\’s banking industry
PHNOM PENH, March 16 (Xinhua) — Cambodian Prime Minister Samdech Techo Hun Sen said Thursday that the recent fall of Silicon Valley Bank and Signature Bank in the United States would not affect the k