BERLIN, March 27 (Reuters) - The head of the European
Banking Authority (EBA) warned that the banking sector remained
very vulnerable even after measures to stem the fallout of
crises at Silicon Valley Bank and Credit Suisse, in comments to
the Germany's Handelsblatt newspaper.
"The risks in the financial system remain very high," EBA
chair Jose Manuel Campa said in an interview published on
Monday.
Campa added that rising interest rates continued to weigh on
financial markets and that the European Union regulator was
monitoring unrealised losses in banks' balance sheets closely.
(Writing by Rachel More; editing by Matthias Williams)
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