Banking sector volatility persists amidst regional and big bank stock declines.
TL;DR
Regional and big bank stocks initially rose but later traded lower due to fears of a banking crisis, with Credit Suisse's troubles and concerns over smaller lenders losing deposits contributing to the decline. Bank of America, however, drew in over $15 billion in customer deposits following the failure of three banks.
Topics:businessfinance#bank-of-america#banking-crisis#credit-suisse#customer-deposits#finance#regional-banks
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