Trading was temporarily halted in dozens of regional banks this morning as shares fell by up to 75 percent when the market opened after Joe Biden claimed 'US banking is safe.'
Major US banks were also hit as contagion fears spread through the sector with Wells Fargo plummeting 7.5 percent, Bank of America falling 7.4 percent, Citigroup plunging 5.8 percent and JP Morgan down 2.7 percent. ---More...
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The Daily Mail is a British daily middle-market tabloid newspaper owned by the Daily Mail and General Trust and published in London. It is the United Kingdom’s second-biggest-selling daily newspaper after The Sun.
