Nearly £11bn wiped off UK banks after US regional banking fears spooked markets – business live

The GuardianFriday, October 17, 2025 at 3:53:43 PM
Nearly £11bn wiped off UK banks after US regional banking fears spooked markets – business live
Recent fears surrounding US regional banks have led to a significant drop in UK bank valuations, with nearly £11 billion wiped off their market value. This decline comes as global markets react to instability in the banking sector, although there is a slight recovery in US regional bank shares following Trump's easing of tariff threats on China. This situation is crucial as it highlights the interconnectedness of global financial markets and the potential ripple effects on economies worldwide.
— via World Pulse Now AI Editorial System

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