Bank stocks remain shaky

The banking sector is still not on entirely stable footing. Just days after the Fed’s emergency lending program was announced, 11 big US banks agreed to bail out First Republic Bank with a $30 billion rescue package, while in Europe, Swiss central bankers had to step in to offer a lifeline to Credit Suisse.

The Dow Jones Industrial Average was down more than 300 points in midday trading on March 17, amid continued concerns about the banking sector.

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