The Zion Bank main office in Salt Lake City, Utah, US, on Friday, April 7, 2023. George Frey | Bloomberg | Getty Images Zions Bancorporation lost $1 billion of its valuation in a single day on Thursday after disclosing $60 million worth of loans it had made that were unlikely to be repaid. What led to that point was a …
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Traders ‘Spooked’ as Bank Lending Risk Puts Stock Market on Edge – Bloomberg.com
Traders ‘Spooked’ as Bank Lending Risk Puts Stock Market on Edge Bloomberg.com Rise of ‘shadow banking’ brings new financial risks, experts say The Washington Post ‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks CNBC The Stock Market Survives a Bank Scare. There’s Too Much Riding on This Bull. Barron’s Investors Shudder at Signs of Loan …
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