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2023/05/12 / Erste Group Research

Markets will continue to watch US banking sector

Even after the relatively smooth resolution of US bank First Republic, the situation on the markets remains tense. The reason is that, from the market's point of view, the risks of more restrictive lending, and thus a weaker US economy, have increased in the meantime, and other US financial institutions could follow Silicon Valley Bank, Signature Bank and, of course, First Republic Bank. These concerns are justified, in our view, and have been confirmed by the recent release of two important reports by the US Fed.


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General information

AuthorErste Group Research
Date2023/05/12
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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