Shares drop by 75%, trading halted on dozens of banks after Biden declares 'US banking is safe'

by The Post Millennial March 13, 2023, 4:11 PM

0share

Click here to read the full article.

There was a trading halt on dozens of regional banks this morning as shares dropped by up to 75 percent, even after President Joe Biden claimed that “US banking is safe.”

A cluster of US banks also experienced a nosedive, with Bank of America dropping 7.4 percent, Citigroup falling 5.8 percent, Fargo nosediving by 7.5 percent, and JP Morgan taking a hit by 2.7 percent, according to the Daily Mail.

Continue reading here.

Scroll down for comments and share your thoughts!

The Post Millennial

News, analysis, and opinion from Canada, US, and the world. Among North America’s Most-Read News Publishers.

View all posts

What do you think?

0 Points

Upvote Downvote

Jim Jordan Presses IRS to Explain Unannounced Visit to Matt Taibbi’s Home

Bidenflation is crushing your RETIREMENT. If you have a 401(k), IRA, Pension, or even a savings account that you can’t afford to lose, this FREE KIT is for you! Click HERE.

Author

What do you think?

Leave a ReplyCancel reply

Log In

Sign In

Forgot password?

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Bidenflation is crushing your RETIREMENT. If you have a 401(k), IRA, Pension, or even a savings account that you can’t afford to lose, this FREE KIT is for you! Click HERE.