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Monday Headlines: New Fed backstop shields banks from $300 billion of losses
By Matt Stichnoth,
Bloomberg: Fed’s New Backstop Shields Banks From $300 Billion of Losses
Financial Times: SVB collapse forces rethink on interest rates and hits bank stocks
New York Post: Regulators close Signature Bank, second shuttered by feds after SVB disaster
Wall Street Journal: Silicon Valley Bank’s U.K. Arm to Be Bought by HSBC
Wall Street Journal: How Silicon Valley Turned on Silicon Valley Bank
Bloomberg: SVB’s Failure Exposes Lurking Systemic Risk of Tech’s Money Machine
Wall Street Journal: Individual Investors Pile Into Cash, Chasing Higher Returns