Tuesday, May 19, 2026
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Tag: SVB

US Fed lends banks $12b in wake of SVB

Washington, United States—The Federal Reserve has lent US banks nearly $12 billion under a new one-year lending program unveiled Sunday, as authorities moved to...

Market declines; SM Prime, Meralco up

Stocks fell for a second day following a rout on Wall Street with banks taking a hefty hit after signs of trouble at a...
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