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Investors got rid of $100 billion worth of US bank shares in a single day, while the Dutch government seized Chinese-owned chipmaker Nexperia – sparking a standoff that’s threatening carmakers’ global supply chains.

Today’s stories:

• US Bank Stocks Plummeted After Two Lenders Revealed Losses Tied To Fraud
• The Dutch Government Seized Nexperia – And That Could Seriously Lift Car Prices

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