A violent storm hit the markets on Monday after the bankruptcy of Silicon Valley Bank (SVB) and the difficulties encountered by several small American banks.
The CAC 40 lost 2.9%.
The flagship index thus fell below 7,000 points during the session for the first time since the end of January.
Frankfurt fell just over 3%, London 2.58%. Bank stocks were once again in the front line.
In Paris, BNP Paribas and Societe Generale fell by more than 6%.
Credit Suisse, very present in the United States since the takeover at the end of the 1980s of the American investment bank First Boston, fell by more than 9% at the end of the day.
The specter of a financial panic was such that politicians stepped up to the plate on both sides of the Atlantic.
“Calm down, calm down!
, launched Monday to investors Bruno Le Maire, the Minister of Finance.
The reality is that the French banking system is not exposed to SVB.
There…
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