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Thursday, March 28, 2024

Global Systemically Important Bank Stocks Crash To Record Low

Courtesy of ZeroHedge View original post here.

Despite Lagarde’s increase in liquidity – but no further rate cuts – European banks are a bloodbath, crashing to an all-time record low this morning…

So much for “whatever it takes.”

Which, along with the collapse in US banks, this has dragged the share price of the world’s most systemically important banks to a record low…

This is not a good sign.

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