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Wednesday
18
Mar 2026
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Athens 11°C

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Banking crisis widens as Credit Suisse shares plunge on alarming annual report

Bank stocks have been hammered since last week’s collapse of Silicon Valley Bank and the smaller, New York-based Signature Bank

PM Mitsotakis says banks should “shoulder their share of responsibility” in meeting with Greek President

The PM said banks have high profitability and should not shift the burden on the taxpayer

US privately asks banks to keep working with Russian firms

Treasury and State Department officials are urging firms including JPMorgan and Citigroup to keep providing services to some Russian companies that are partly exempt from sanctions on the Russian economy

Moody’s Upgraded 6 Greek banks

The rating agency cites the better financial position of Greece and the significant improvements in the quality of banks' assets

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