Banking stress puts U.S. and Europe on watch for credit crunch

Banking stress puts U.S. and Europe on watch for credit crunch

WASHINGTON/FRANKFURT  –Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States […] The post Banking stress puts U.S. and Europe on wa…

Banking stress puts U.S. and Europe on lookout for credit crunch

Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse of U.S lenders SVB and Signature and the rescue takeover of Credit Suisse.

Minneapolis Fed chair Neel Kashkari says "fundamentally, the banking system is sound"

Minneapolis Fed chair Neel Kashkari tells "Face the Nation" that while not "all of the stresses are behind us, I expect this process will take some time. But fundamentally, the banking system is sound."

Banking stress puts U.S. and Europe on watch for credit crunch

WASHINGTON/FRANKFURT -- Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending.

Banking stress puts U.S. and Europe on watch for credit crunch

By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) -Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a

WRAPUP 1-Banking stress puts U.S. and Europe on watch for credit crunch

WRAPUP 1-Banking stress puts U.S. and Europe on watch for credit crunch Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States of…