Seeing the recent Credit Suisse rugpull from Saudi Investors plus the Silicon Valley Bank there has been a lot of reactionary news with banks.
The big three Spanish banks: Santander, BBVA and Caixabank have had a strong year since the rise of interest rates. You can see the correction from all 3 banks on Tuesday March 14, after the news of SVB was dying down. I believe these banks will correct back to their pre SVB news days. They will keep increasing until the Fixed Term deposits start to rise in Spain (they are extremely low despite high interest rates).
I want to get your thoughts.
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