Banks feel impact as Asian markets hit by contagion fears
Already jittery investors have been in panic mode since the collapse of two regional US banks over the weekend sparked a sell-off across equities and ramped up concerns of a global recession.
Bursa Malaysia ends lowest in 5 months
The steady decline has been attributed to the fallout from the Silicon Valley Bank collapse.
US regulators rush to contain SVB fallout, as second bank fails
In a potentially major development, the Fed announces it will make extra funding available to banks to help them meet the needs of depositors, which would include withdrawals.
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