Banking stocks had led Wall Street lower on Thursday afternoon after trouble at two Californian banks.SVB Financial Group, parent of startup-lender Silicon Valley Bank, then revealed an equity sale after noting aSVB stock lost 70% of its market value while shares of big US banks were dragged down with it.
JPMorgan Chase, for example, ended the day more than 5% lower and banking stocks in Asia and Europe followed in Friday deals.
It’s all putins fault
I bet the ATMs go dark today!
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fund managers call for pensions rule change to revive UK stock market\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Leer más »