Asian bank stocks tumble as US systemic concerns prevail

The U.S. administration stepped in on Sunday with a series of emergency measures to shore up confidence in the banking system following the failure of Silicon Valley Bank (SVB), which marked the biggest U.S. bank failure since the 2008 financial crisis. Read More | Source: The Hindu Business Line…

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Stocks that will see action on March 13, 2023

Tech Mahindra, Nazara Tech, Infosys, Hindustan Zinc, ambuja Cements, Finolex Ind, Godrej Properties, Tata Power, Elgi Equipments, Sona Comstar, M&M, Mahindra CIE, Spananda Sphoorty,VA Tech Wabag, Zydus Lifesciences, JSW Steel, Sula Vineyards, Lloyds Metals, Lupin Read More | Source: The Hindu Business Line…

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Lehman moment? Trading in First Republic, Signature Bank, other regional banks halted after SVB collapse

Like Lehman Brothers in 2008, SVB announced a sudden fund raising after suffering a $1.8 billion loss on its bond portfolio post the liquidation of its entire securities portfolio Read More | Source: The Hindu Business Line…

View More Lehman moment? Trading in First Republic, Signature Bank, other regional banks halted after SVB collapse