Stocks rebound as US and UK seek to calm investors

Stocks rebound as US and UK seek to calm investors

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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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