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Germans shun foreign deposits on fear of new crisis

Summary by Financial Post
FRANKFURT -- German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting embroiled in a crisis like the one that hit Silicon Valley Bank, data compiled for Reuters shows.

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Germans shun foreign deposits on fear of new crisis

FRANKFURT -- German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting embroiled in a crisis like the one that hit Silicon Valley Bank, data compiled for Reuters shows.

·Canada
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Financial Post broke the news in Canada on Thursday, March 30, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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