A tentative sense of relief prevailed among investors on Friday morning after two very different financial rescues the day before: one of a global banking giant in Switzerland and another of a midsize regional lender in San Francisco. The moves to shore up the flailing lenders with injections of tens of billions of dollars produced a pause in the mayhem that had gripped banks and markets.
As Asia and Europe opened for business on the last day of a tumultuous week, markets conveyed a measure of calm, at least for the moment. Stock indexes in Asia posted gains, Europe’s markets […]
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