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Tag Archives: Silicon Valley Bank news

Shockwaves from SVB collapse hit global bank stocks gripped by contagion fears – National

Silicon Valley Bank‘s collapse pressured global bank stocks further on Tuesday as investors fretted over the financial health of some lenders, in spite of assurances from U.S. President Joe Biden and other policymakers. An indicator of credit risk in the euro zone banking system leapt to its highest since mid-July, …

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