US banking crisis risks becoming ‘self-fulfilling prophecy’, analysts say
by Alex Lawson from US news | The Guardian on (#6BFK7)
Shares in US regional banks pummelled this week amid fears of more collapses in sector
The crisis engulfing regional US banks risks becoming a self-fulfilling prophecy" as investors take flight from lenders seen as increasingly risky bets, triggering even deeper losses, analysts have warned.
Shares in US banks were pummelled this week amid investor concerns that there will be more collapses, after a string of failures.
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