Live Updates: Biden Offers Assurance That Banking System Is Safe

Live Updates: Biden Offers Assurance That Banking System Is Safe

The New York Times - Business:

Markets wobbled as regulators tried to contain the damage from Silicon Valley Bank’s collapse, closing another bank — Signature Bank in New York — and opening an emergency lending program. Regional bank stocks tumbled in premarket trading.

This post first appeared in The New York Times - Business. Read the original article.