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Saturday, April 11, 2026

Europe’s banks sucked into global rout as high rates reality hits home

LONDON/FRANKFURT, March 10 (Reuters) – European bank shares tumbled on Friday in the wake of a dramatic sell-off in U.S. bank stocks amid spreading jitters about the sector’s vulnerability to the rising cost of money. The global rout in bank stocks was prompted by Silicon Valley Bank, a major …

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