since 10th of March at the latest, the financial system has once again been put to the test. The reason for the turbulence is the collapse of the Silicon Valley Bank (SVB). The bank failure of America's 16th largest bank thus ranks directly behind Lehman Brothers as the second largest bank failure in US history.
No wonder that some people are anxiously recalling the financial crisis of 2008 these days. But the ECB apparently does not share these worries and has raised the key interest rates again by 0.5 percentage points.
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The stock markets reacted strongly to SVB's bankruptcy. Will this be followed by a more significant slump in financial shares, or will the stocks soon be able to recover again? One thing is certain: Here, too, you should diversify.