![Stocks rebound as US and UK seek to calm investors](https://cdn.newsserve.net/ONPglobe256.png)
Stocks rebound as US and UK seek to calm investors
And last week, a group of the biggest US banks raised $30bn (£24.5bn) in funds for regional lender First Republic Bank, but its share price still crashed by more than 45% on Monday. Ms Yellen said the US intervention in the two bank collapses was necessary to "protect the broader banking system",…
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