Even as the stock price of Credit Suisse, the giant European lender, recovered after a plunge, shares of some midsize American banks plummeted on Thursday.
Category: First Republic Bank
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Regional Bank Stocks Rebound as Panic Appears to Pause
Banking stocks that were hammered in the wake of the collapse of two midsize banks recovered on Tuesday as investor fears seemed to ease.
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Stocks Wobble as Smaller Banks Plunge on Fears of Contagion
The volatile conditions led to trading in a dozen banks being halted after triggering so-called circuit breakers, established in part to prevent runaway crashes.
