Hedge fund boss Bill Ackman today warned the 'economy will not function' without regional banks as trading was halted in dozens after shares shares tanked by 75 percent.
The billionaire urged the US government to reassure customers their money was s
Read more…Trading was temporarily halted in dozens of regional banks this morning as shares fell by up to 75 percent when the market opened after Joe Biden claimed 'US banking is safe.'
Major US banks were also hit as contagion fears spread through the sector
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