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WRAPUP 1-Bank stocks plunge resumes as SVB market turmoil continues

After a dramatic weekend, U.S. regulators on Sunday stepped in after the collapse of SVB - the largest U.S. bank failure since 2008, which suffered a run after a big hit on a portfolio of bonds. SVB's customers will have access to all their deposits starting Monday and regulators set up a new facility to give banks access to emergency funds.

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Bank stocks plunge resumes as SVB market turmoil continues

By Alun John and Rae Wee LONDON/SINGAPORE (Reuters) -Bank shares in Europe and Asia plunged on Monday as the United States' move to guarantee the deposits

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Germany s Bundesbank Convenes Financial Crisis Team To Assess Impact Of Silicon Valley Bank Demise

Germany s Bundesbank Convenes Financial Crisis Team To Assess Impact Of Silicon Valley Bank Demise
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Bank Stocks Plunge Resumes As SVB Market Turmoil Continues

Bank shares in Europe and Asia plunged on Monday as the United States move to guarantee the deposits of the collapsed tech-focused lender Silicon Valley Bank failed to reassure investors that other

United kingdomCity ofMark dowdingFirst republic bankSilicon valley bankYork signature bankCredit suisse groupFederal reserveBanque de franceEuropean central bank single supervisory boardSilicon valley bank united kingdomUnited stateSuisse groupBluebay asset managementNew yorkSignature bank