WRAPUP 1-Bank stocks plunge resumes as SVB market turmoil continues
After a dramatic weekend, U.S. regulators on Sunday stepped in after the collapse of SVB - the largest U.S. bank failure since 2008, which suffered a run after a big hit on a portfolio of bonds. SVB's customers will have access to all their deposits starting Monday and regulators set up a new facility to give banks access to emergency funds.
Source: devdiscourse.com