u. s. aden shares are seeing steeple losses on tuesday, and european banking stocks suffer their biggest drop in a year. you, as president joe biden saw to reassure depositors on monday, insisting he will provide for the safety of the banking system. meanwhile, who, however ratings agency, moody's downgraded the debt ratings of collapse signature bank deep into junk territory. moody's also placed the ratings of 6 other u. s. banks under review for a downgrade now helping fuel.

u. s. aden shares are seeing steep losses on tuesday and european banking socks. suffer their biggest drop in the year. you, as president joe biden saw to reassure depositors on monday, insisting he will provide for the safety of the banking system. meanwhile, whole however, ratings agency moody's downgraded the debt ratings of collapse signature bank deep into junk territory. moody's also place the ratings of 6 other u. s. banks under review for a downgrade. now helping fuel those fears over midsized lenders. it's the concern that many of them may be sitting on under valued assets because of interest rate hikes when interest rate hikes were low. banks like s v be deposited their customers funds into long term bonds. does interest rates have climb dramatically over the last year? they lost money on those investments. now that's not no problem. usually the bank can wait until the bonds are repaid. but if the bank is forced to sell bonds and books the loss, the same time rising interest rates, our customers in s v b is case the struggling tech industry withdraw money. so the bank had to sell