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Biden pledges ‘whatever needed’ for US system as banks hit by SVB fallout
Biden pledges 'whatever needed' for US system as banks hit by SVB fallout,Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system, after Silicon Valley Bank SIVB.O and Signature BankSBNY.O collapsed late last week. Biden's attempt to reassure markets and depositors came after…

Biden pledges ‘whatever needed’ for US system as banks hit by SVB fallout

Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system, after Silicon Valley Bank SIVB.O and Signature BankSBNY.O collapsed late last week. Biden's attempt to reassure markets and depositors came after…