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Short Sellers Reaped Nearly $400M in a Day From the Bank Stock Rout

Data from ORTEX showed traders made $378.9 million Thursday as shares of PacWest, First Horizon and Western Alliance plunged, per Reuters.

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Banking Group Asks SEC to Stop Short-Seller Attacks on the Industry

The American Bankers Association said social-media speculation about the health of banks was disconnected from their financial reality.

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Biggest Banks Will Pay to Replenish FDIC Insurance Fund: Report

The FDIC's insurance fund has withered this year amid the slew of bank failures, with Silicon Valley Bank costing around $20 billion alone.

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EUR/USD Weekly Forecast: Inflation figures to confirm or deny Fed s and ECB s stances

The United States Federal Reserve and the European Central Bank delivered but failed to impress. Policymakers repeated the banking systems are sound

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ALFREDO ORTIZ: Biden s Economy Hurtles Toward Recession With Latest Jobs Report

Today's jobs report shows the downward slide of the labor market continues, with the number of new jobs created last month falling far below the recent average.

United statesNew yorkJanna rodriguezStephen martinJoni ernstPacwest bankFirst republic bankDemocratic partyFederal reserveJob creators network foundationPresident bidenRepublic bankWestern allianceWall street journalCongressional democratsProve it act

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