Markets rally despite banking fears; UK retailers turn optimistic after bleak winter – as it happened
by Graeme Wearden from on (#6A709)
Shares in First Citizens Bank surge 45% as it agrees to buy much of Silicon Valley Bank, while Saudi National Bank's Ammar Alkhudairy resigns
Happy news: German business morale has risen unexpectedly this month.
The Ifo institute said its business climate index stood at 93.3 following a reading of 91.1 in February; analysts polled by Reuters had predicted a reading of 91.0.
It's just the ebb and flow of banking related concerns as the market tries to determine how concerned it should be as regards the recent stresses."
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