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Global share markets unconvinced by support to rescue banks
Half a trillion dollars have been wiped from the value of bank shares around the world as financial shocks dived this week.
The fallout is ongoing after the collapse of Silicon Valley Bank (SVB) spreads through global markets.
The authorities are stepping in to get the situation under control, but some deposit holders are still feeling nervous.
For now, many analysts say they think the shock will be contained.
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By BBC World Service
4.3
247247 ratings
Half a trillion dollars have been wiped from the value of bank shares around the world as financial shocks dived this week.
The fallout is ongoing after the collapse of Silicon Valley Bank (SVB) spreads through global markets.
The authorities are stepping in to get the situation under control, but some deposit holders are still feeling nervous.
For now, many analysts say they think the shock will be contained.
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