While around 4:00 p.m., the CAC40 lost almost 3% with the collapse of bank shares, Bruno Le Maire launched to investors: “Calm down and look at reality!”, during a trip to Brussels for the Eurogroup Ecofin.
“The reality is that the French banking system is not exposed to the SVB. There are no links between the different situations” in the United States and in Europe, he said, when asked about the fall in European bank stocks, particularly the BNP. French. and Societe Generale.
French banks “are not exposed” to the US bank in bankrupt Silicon Valley Bank (SVB), a spokeswoman for the Banque de France told AFP on Monday, confirming the information from the French newspaper. the parisian.
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Source: BFM TV
