Wall Street drops as Credit Suisse sparks fresh bank selloff
Published
U.S. stocks dropped on Wednesday as turbulence at Credit Suisse renewed fears of a banking crisis, while data hinting at economic weakness kept alive hopes of a less aggressive monetary policy move by the Federal Reserve in March. U.S.-listed shares of Credit Suisse slid 24.3% to hit a record low,…
#federalreserve #svbfinancial #signaturebank #yield #treasury #firstrepublicbank #pacwestbancorp #jpmorganchaseco #citigroupcn #bankofamericacorp