Shares of US regional banks plummet by 75 pc
New York [US], March 13 (ANI): The stocks of US regional banks plummeted on Monday, as investors reassessed how much such lenders were worth following the sudden collapse of Signature Bank and Silicon Valley Bank, New York Times reported.
The volatile conditions led to trading in roughly a dozen banks being halted after triggering so-called circuit breakers, which are meant in part to prevent runaway crashes, it reported.