STRASBOURG, 15 MAR – “We are monitoring the situation, the impact on the EU seems contained but we should reflect on the lessons to be learned for the European banking sector”. This was stated by the EU Commissioner for Financial Services Mairead Mcguinness speaking to the Eurochamber on the effects of the collapse of the Silicon Valley Bank. “Together with regulators we are monitoring developments and that includes a market reaction that was initially negative but has since subsided.” (HANDLE).
(ANSA)
