March was a ferocious month for U.S. bank stocks, wiping out hundreds of billions in the grouping’s market value as several institutions failed and others faltered, though some experts say the most painful days for the bleeding sector have already come and gone.This month, bank stocks navigated the failures of Silicon Valley Bank and Signature Bank and severe struggles from other regional banks; financials were by far the S&P’s worst-performing sector in March, shedding 10.6% as of 10 a.m.
The market value of the 10 largest banks sank from $1.59 trillion on March 1 to $1.34 trillion on March 31, a stark 15% decline.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
‘Triangle of Sadness’ Production Company Faces Liquidation Following Insolvency Hearing (EXCLUSIVE)Oscar nominated-pic “Triangle of Sadness” gives viewers a glimpse into the lives of the super-rich but one of the companies behind the film appears to be less fortunate when it comes to…
مصدر: Variety - 🏆 108. / 63 اقرأ أكثر »
Here are the 20 best performing stocks of March — and the 20 worstInvestors have been moving money back into technology stocks and other sectors, while leaning away from financials. Interesting! It looks like March was a volatile month for the stock market. Interesting! What did the top performers have in common? Looks like the stock market is playing a game of 'hot potato' this month!
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Italy PM's party presents bill to split retail and investment banksItalian Prime Minister Giorgia Meloni's party has presented a bill in parliament to separate retail and investment banks in a move that, if approved, would force a radical overhaul of the country's banking sector. Go on... That’s actually a little sensible given what’s going on. Excellente nouvelle, le Glass- Steafal act n’aurait jamais dû être aboli aux USA, et madame Melloni prend une excellente décision
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »