Tag: POTUS
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Global bank share price deepens as SVB collapse crisis fears heat up
March 14 (Reuters) – Shock waves from the collapse of Silicon Valley Bank (SIVB.O) hit global banking stocks further on Tuesday as assurances from President Joe Biden and other policymakers did little to calm markets and prompt a rethink of the interest rate outlook. Biden’s efforts to reassure markets and savers came after emergency measures […]