New unrest in the banking sector pushed the stock markets lower again. Soothing words from politicians and banking supervisors had little effect. ‘The ECB must administer paracetamol,’ says economist Luc Aben.
A week that started with the rescue of the major Swiss bank Credit Suisse ended in a fall in the price of another major bank: Deutsche Bank. The stock ended 8 percent lower on Friday, after earlier on…
