Asian Bank Stocks Decline as U.S. Regional Banks Face Challenges

Deep News

Oct 17

Asian bank stocks declined due to heightened concerns about the credit market stemming from loan issues at two U.S. regional banks. The MSCI Asia-Pacific Financial Index fell 0.8% on Friday, which was the largest drag on the broader MSCI Asia-Pacific Index, down 0.4%. The S&P Regional Banking Select Industry Index plummeted 6.3% on Thursday following revelations that Zions Bancorp and Western Alliance Bancorp were victims of fraud when extending loans to funds involved in distressed commercial mortgage loans.

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The MSCI Asia-Pacific Financial Index fell 0.8% on Friday, which was the largest drag on the broader MSCI Asia-Pacific Index, down 0.4%. 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The MSCI Asia-Pacific Financial Index fell 0.8% on Friday, which was the largest drag on the broader MSCI Asia-Pacific Index, down 0.4%. The S&P Regional Banking Select Industry Index plummeted 6.3% on Thursday following revelations that Zions Bancorp and Western Alliance Bancorp were victims of fraud when extending loans to funds involved in distressed commercial mortgage loans.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KRE","symbol_name":"区域银行指数ETF-SPDR KBW","start_time":0,"source_url":"","article_id":"1117429295","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117429295","pubTimestamp":1760664101,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Asian bank stocks declined due to heightened concerns about the credit market stemming from loan issues at two U.S. regional banks. 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